United Parcel Service has entered into an alliance with eHatchery LLC, a
full-service incubator and investment fund for Internet-based companies, to provide
development assistance to Internet start-ups.
UPS said the alliance "presents an excellent opportunity" for the
express carrier and package delivery company "to provide our logistics
expertise to a variety of e-commerce start-ups at an early stage in their
development," said Mark Rhoney, president of UPS eVentures.
eHatchery, founded earlier this year by Jeff Levy, is based in Atlanta,
as is UPS.
UPS, EHATCHERY FORM ALLIANCE TO GROW E-BUSINESS
UPS, EHATCHERY FORM ALLIANCE TO GROW E-BUSINESS
