FedEx Is Ready to Take Over the World

Discussion in 'The Latest FedEx Headlines' started by cheryl, Jan 12, 2016.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx Is Ready to Take Over the World - Motley Fool

    Revenue is rising and margins are expanding for the package delivery giant, but investors haven't noticed.

    Last week, FedEx finally got the official word that European regulators will not challenge its planned acquisition of Dutch rival TNT Express. While this news was expected, it is still a key milestone, as it removes the last major obstacle stopping the merger.

    Acquiring TNT will make FedEx a much more viable competitor to DHL and United Parcel Service in Europe. Meanwhile, adding TNT's roughly $7 billion in annual revenue will put FedEx nearly on par with UPS.