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So whats the deal with TNT takeover?
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<blockquote data-quote="UPSviking" data-source="post: 669167" data-attributes="member: 25907"><p></p><p> </p><p> </p><p><span style="color: #2e2e2e"><span style="font-family: 'Verdana'">Nope nothing.....</span></span></p><p> </p><p><span style="color: #2e2e2e"><span style="font-family: 'Verdana'">You are right about their Ground network, we really need it. We are getting steamrolled over here by our competitors on ground EUR pallet goods......</span></span></p><p> </p><p><span style="color: #2e2e2e"><span style="font-family: 'Verdana'">I think that UPS is in the market for TNT ground network, only thing is that it seems to be bundled with the MUCH less attractive LOSS MAKING Express business that TNT have.</span></span></p><p> </p><p><span style="color: #2e2e2e"><span style="font-family: 'Verdana'">If UPS where to take it all over, we would be left with an GIGANTIC surplus of workers from TNT, they have an completely different "work attitude" than us and it won't go down well in Europe if we would have to get rid of 35-50,000 TNT employees.</span></span></p><p> </p><p><span style="color: #2e2e2e"><span style="font-family: 'Verdana'">I think that we will take their "ground" if we can get it, but we will have to pass if it involves their Express business unit. </span></span></p></blockquote><p></p>
[QUOTE="UPSviking, post: 669167, member: 25907"] [COLOR=#2e2e2e][FONT=Verdana][/FONT][/COLOR] [COLOR=#2e2e2e][FONT=Verdana]Nope nothing.....[/FONT][/COLOR] [COLOR=#2e2e2e][FONT=Verdana]You are right about their Ground network, we really need it. We are getting steamrolled over here by our competitors on ground EUR pallet goods......[/FONT][/COLOR] [COLOR=#2e2e2e][FONT=Verdana]I think that UPS is in the market for TNT ground network, only thing is that it seems to be bundled with the MUCH less attractive LOSS MAKING Express business that TNT have.[/FONT][/COLOR] [COLOR=#2e2e2e][FONT=Verdana]If UPS where to take it all over, we would be left with an GIGANTIC surplus of workers from TNT, they have an completely different "work attitude" than us and it won't go down well in Europe if we would have to get rid of 35-50,000 TNT employees.[/FONT][/COLOR] [COLOR=#2e2e2e][FONT=Verdana]I think that we will take their "ground" if we can get it, but we will have to pass if it involves their Express business unit. [/FONT][/COLOR] [/QUOTE]
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So whats the deal with TNT takeover?
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