Filed in UPS
Monday, May 07, 2012
While the freight economy is faring better now than it was during the depths of the recession, there are still many hurdles to cross, especially for the less-than-truckload (LTL) industry.
Thursday, April 26, 2012
The company’s U.S. Domestic and Supply Chain and Freight segments paced quarterly growth for the company, with 13 and 19 percent gains in operating profit, respectively.
Posted on 04/26 at 09:42 AM
Tuesday, April 17, 2012
FedEx said this morning it is in discussions about a potential plan to acquire TATEX, a France-based B2B express transportation company focused on heavy shipments. This potential deal follows FedEx’ early April acquisition of Poland-based courier company Opek Sp.Z o.o.
Thursday, April 12, 2012
In an effort to augment challenges pertaining to over-the-road cross-border shipping, UPS said this week it has rolled out UPS Cross Border Connect, which it described as a ground freight service between the United States and Mexico focused on easing heavyweight freight supply chain challenges for companies investing in cross-border trade.
Thursday, March 22, 2012
CEO Fred Smith says FedEx has a profitable multi-billion dollar business in Europe and it is growing strongly.
Monday, March 19, 2012
In what can potentially be viewed as a significant game changer for the global logistics and express delivery sectors, UPS and Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator, said today they have reached an agreement in which UPS will acquire TNT Express for roughly $6.77 billion ($5.16 billion euro). The agreement is an all-cash offer of $9.50 per ordinary share for TNT Express.
Friday, March 16, 2012
Following reports that talks focusing on UPS trying to acquire the express business of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator, “have slowed” due to various issues, UPS said today that it “remains in constructive discussions” with TNT regarding a potential transaction to acquire the entire issued share capital of TNT Express.
Wednesday, March 07, 2012
A Wall Street Journal report said that talks focusing on UPS trying to acquire the express business of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator “have slowed” due to various issues.
Thursday, March 01, 2012
Company officials said this computer—the fifth generation Delivery Information Acquisition Device (DIAD V)—accelerates the delivery of package information to the UPS network and its customers.
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Tuesday, February 21, 2012
While UPS has made a bid and FedEx has yet to join the party, TNT focuses on recovering recent losses.