User-agent: Mediapartners-Google* Disallow: Trucks World News: TRUCKING INDUSTRY * USA
Google
 
Loading

Mar 19, 2012

TRUCKING INDUSTRY * USA

* Washington State - UPS to purchase TNT Express

Seattle,WASH,USA -Fleet Owner, by Sean Kilcarr -Mar. 19, 2012: -- United Parcel Service’s $6.77 billion all-cash plan to buy out Europe-based rival TNT Express N.V. won’t alter the U.S. trucking landscape much at all, according to experts. Rather, the impact of this deal will be most keenly be felt in the global air freight markets and in Europe... The deal will make UPS a much larger air freight player and significantly beef up is transportation presence in Europe. UPS said the post-transaction amalgam of itself and TNT should result in a company generating $60 billion annually in revenue and that a key feature of the deal is the integration of TNT Express’ intra-Europe road freight network into UPS’ logistics operations on the continent...

Labels:

posted by Unknown @ 3:49 PM 

0 Comments:

Post a Comment

<< Home