Filed in UPS

Thursday, November 01, 2012

The Netherlands Authority for the Financial Markets (AFM) granted an exemption to extend the Offer Period for the proposed acquisition of TNT by UPS.

Wednesday, October 31, 2012

UPS expects to deliver 527 million packages between Thanksgiving and Christmas, and FedEx expects to deliver more than 280 million packages during that same period.

Monday, October 29, 2012

UPS last week announced that it has taken major steps to expand its global healthcare distribution facility in the Asia Pacific region, opening three new “state of the art facilities” in Hangzhou, China, Shanghai, China, and Sydney, Australia.

Tuesday, October 23, 2012

Third quarter revenue for transportation and parcel giant UPS was basically flat, falling 0.7 percent to $13.07 billion, with operating profit down 54 percent at $766 million. Earnings per share at $1.06 were flat compared to last year’s $1.09 per share and were in line with Wall Street estimates of $1.06 per share.

Monday, October 22, 2012

The latest chapter regarding UPS’s planned $6.28 billion acquisition of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator, came late last week in the form of a Statement of Objections (SO) from the European Commission.

Wednesday, September 26, 2012

Earlier this week, the Supervisory Board of TNT Express, a Netherlands-based provider of mail and courier services and the fourth largest global parcel operator, announced that Marie-Christine Lombard, TNT Express CEO, resigned “to pursue an external career opportunity.”

Thursday, September 20, 2012

The most important labor contract talks in freight transportation begin September 27 in Washington when UPS and the Teamsters union begin negotiations on a new contract.

Wednesday, September 12, 2012

In a speech that should resonate with LM readers, UPS Chairman and CEO Scott Davis called on leaders in Washington, D.C., to prepare a bipartisan debt reduction plan by January.

Tuesday, September 11, 2012

According to a Wall Street Journal report, the Chinese government has granted both companies the green light to provide intra-China express package services.

Thursday, September 06, 2012

UPS says Offer Period for deal is officially extended.