FedEx Express and TNT Express

Discussion in 'FedEx Discussions' started by MrFedEx, Jan 8, 2013.

  1. MrFedEx

    MrFedEx Engorged Member

    Apparently UPS cannot buy TNT unless they unload the Express portion onto someone else, namely FedEx. So far, FedEx "isn't interested", but you can guarantee Fred will be foaming at the mouth if the price drops low enough. Here's the deal. WE ARE GOING BROKE!! FRED IS PENNILESS!! Oh, the humanity!!

    Just more evidence that FedEx Express is viable, profitable, and looking to expand operations in Europe.

    OR, you are being led down the Purple Primrose Path of LIES.
     
  2. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    If Fred can get it for "pennies on the dollar" it would be a wise investment.
     
  3. MrFedEx

    MrFedEx Engorged Member

    If they're union, they will be pressured to de-certify. Sounds like UPS can't own the whole TNT operation, but the article I saw was just a snippet. Might be similar to our rule that a foreign corporation can only hold 49% of ownership. My point is that even though Express is supposedly a terminal case, we're still expanding.
     
  4. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    UPS can't own all of it due to concerns a monopoly would be created.
     
  5. MrFedEx

    MrFedEx Engorged Member

    That sounds plausible. I didn't know TNT controlled the European Express market. What about DHL?
     
  6. TUT

    TUT Well-Known Member

    Wow I would take all the Express vs TNT. You would own an entire segment where LTL there are 1000's of competitors, all will lower overhead.
     
  7. jmeti000

    jmeti000 Member

    They might be pressured but if they are smart they wont. Correct me if im wrong, but FedEx over in Europe is actually unionized, or so Ive heard.
     
  8. TUT

    TUT Well-Known Member

    OMG, you can't just say that, you'd put Mr F on death watch.
     
  9. MrFedEx

    MrFedEx Engorged Member

    Don't know which countries are union, but I know Smith tried to kill the French union a few years ago.