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November 23, 1999 10:15 AM, EST

Two companies with the same goal — to dominate the package delivery and logistics market worldwide — are gearing up to battle each other.

United Parcel Service, the dominant package carrier in the United States, and Deutsche Post AG, Germany’s government-owned mail service, each took significant steps last week to strengthen their position and set the stage for a market showdown.

In its first strategic move since going public, UPS agreed to acquire assets of Rollins Logistics and, in a separate transaction, sell its UPS Truck Leasing unit to Rollins Truck Leasing Corp. of Wilmington, Del.

The deal with Rollins is a prelude to what many analysts expect will be several major acquisitions by UPS to broaden the company’s services and increase its market penetration overseas.

For the full story, see the Nov. 22 print edition of Transport Topics. .