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TRUCKING INDUSTRY * USA
* Comment - Transportation Rivals Take Diverse Roads to Expand: UPS, FedEx map different strategies for expanding in Europe and Brazil
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New Jersey,USA -The Journal of Commerce Magazine, by Mark Szakonyi -Jun 11, 2012: -- While UPS made a splash with its move to buy TNT Express earlier this year, FedEx appears to be forging a more cautious approach in countering the European and Brazilian expansion of its main rival... The planned FedEx acquisition of two European transportation companies and, most recently, a Brazilian logistics and parcel delivery company takes a “more measured international growth strategy that looks to smaller, bolt-on operations,” wrote transportation analyst David Ross of Stifel Nicolaus... 
This approach appears to be in sharp contrast to the planned UPS acquisition of TNT Express, Europe’s second-largest package delivery company, for $6.8 billion in cash...
Labels: trucking industry news USA
posted by Unknown @ 4:06 PM
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