Filed in UPS
Wednesday, August 22, 2012
The offer period for UPS’s $6.28 billion acquisition of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator will be extended from its original expiration date of August 31 to November 9, according to UPS and TNT officials.
Posted on 08/22 at 09:43 AM
Global Logistics •
Tuesday, August 21, 2012
The performance of cyber sales in the second quarter is stellar compared to the poor showing of the brick-and-mortar stores.
Posted on 08/21 at 01:35 PM
Wednesday, August 15, 2012
The biggest labor contract in transportation comes up for renewal next year when 250,000 Teamsters at UPS negotiate a new deal with the world’s largest and most profitable transport company.
Posted on 08/15 at 01:25 PM
Thursday, August 02, 2012
UPS this week has rolled out what it calls a “wearable” scanning system that augments and speeds up how packages are loaded onto vehicles by its employees as well as the delivery of visibility information to customers.
Posted on 08/02 at 10:32 AM
Tuesday, July 31, 2012
A recent Bloomberg report stated that European Union (EU) regulators have extended their review of UPS’s bid to acquire Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator for $6.28 billion by ten working days until December 12.
Tuesday, July 24, 2012
Company points to U.S. Domestic and Supply Chain & Freight segments as drivers for quarterly growth.
Wednesday, July 18, 2012
A report by the USPS Office of Inspector General (OIG), entitled “Strategic Advantages of Moving Mail by Rail,” highlights the fact that moving USPS services and products on rail could be highly advantageous and beneficial for the USPS, with multiple benefits.
In a 10-K filing with the Securities and Exchange Commission, FedEx said this week that it has learned that the United States Postal Service plans to solicit proposals for domestic air services that are currently provided by FedEx.
Posted on 07/18 at 10:53 AM
Monday, July 16, 2012
Late last week UPS said that the European Commission’s review of the proposed acquisition is now expected to move to a “Phase II review,” because there are facets of the deal that require more time to analyze.
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Thursday, July 12, 2012
While transportation and logistics bellwethers UPS and FedEx are well-established in all corners of the world, one area where their presences could be even greater felt is China.