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Denver International Airport already has air cargo hangars and warehouses, and Piscitell has signed a noncompete agreement with the airport that prevents him from renting to the airport's tenants--DHL, FedEx and UPS among them--if they leave DIA and 15% of the airport's rentable space remains empty.
FORBES: Grounded
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FedEx, UPS, DHL and other foreign express shippers are allowed to ship boxes within China and to handle outgoing shipments of boxes as well as letters.
FORBES: Off Shore
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FedEx competes chiefly with UPS and Deutsche Post-owned DHL, but its general financial health is often monitored by conditions in rail companies like Union Pacific and CSX Corp.
FORBES: FedEx: Disappointing Q3 Profit Sends Another Warning About Slowing Asian Growth