Deutsche Post’s CEO Appel Says UPS-TNT Deal Creates Opportunity

Discussion in 'The Latest UPS Headlines' started by cheryl, Jul 16, 2012.

  1. cheryl

    cheryl I started this. Staff Member

    Deutsche Post’s CEO Appel Says UPS-TNT Deal Creates Opportunity - Bloomberg

    Frank Appel, chief executive officer of Deutsche Post AG (DPW), comments on rival United Parcel Service Inc.’s proposed acquisition of TNT Express NV. (TNTE)

    On UPS-TNT deal:
    “If two competitors are integrating, that creates opportunities for the market leader. When they are busy internally, we will be busy with our customers, which I think is a significant competitive advantage.”