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The Latest UPS Headlines
Deutsche Post’s CEO Appel Says UPS-TNT Deal Creates Opportunity
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<blockquote data-quote="cheryl" data-source="post: 995877" data-attributes="member: 1"><p><a href="http://www.bloomberg.com/news/2012-07-16/deutsche-post-s-ceo-appel-says-ups-tnt-deal-creates-opportunity.html" target="_blank"><strong>Deutsche Post’s CEO Appel Says UPS-TNT Deal Creates Opportunity - Bloomberg</strong></a></p><p></p><p>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) </p><p></p><p>On UPS-TNT deal:</p><p>“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.”</p></blockquote><p></p>
[QUOTE="cheryl, post: 995877, member: 1"] [URL="http://www.bloomberg.com/news/2012-07-16/deutsche-post-s-ceo-appel-says-ups-tnt-deal-creates-opportunity.html"][b]Deutsche Post’s CEO Appel Says UPS-TNT Deal Creates Opportunity - Bloomberg[/b][/URL] 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.” [/QUOTE]
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