Here's Why UPS Married TNT

cheryl

I started this.
Staff member
Here's Why UPS Married TNT - Motley Fool

Even at a significant premium, TNT will provide UPS with the much-needed competitive advantage over peers DHL and global competitor FedEx (NYSE: FDX ) . The acquisition will increase UPS's share of European express deliveries to around 17.3% from the current 7.7%, according to data from the research organization Transport Intelligence. This will also bring it closer to Deutsche Post's DHL unit, which holds 17.6% market share, and leave FedEx with a measly 3.3% share in the European region. I'm guessing FedEx is keeping a close watch, or else it may be marginalized into third place in the race for European dominance.
 
Top