You have got to be joking...

Discussion in 'UPS Discussions' started by airintrace, Apr 7, 2015.

  1. airintrace

    airintrace Active Member

    Are they seriously going to allow Fedex to buy TNT express after the europeans gave us such hell and destroyed our deal for that same company 2 years ago. Why do the doors consistently swing wide open for these guys for whatever they want to do?
    • They are paying almost 2 billion less than what our top offer was
    • They are up almost $7.00 in premarket trading (we were way down when we announced)
    • They will probably meet minimal opposition as the purchase gets closer
    • Investors said this was a huge fiscal mistake by UPS but applauded when Fedex
    • We made huge concessions and yet it still didn't go through
    TNT was in dire straights when we approached them and so was the european economy; and we offered far more money back then. Im sure I'm missing some things; but this to me is just really disappointing. No matter what they do they just keep on rolling.

    http://www.marketwatch.com/story/fe...48-billion-in-cash-2015-04-07?dist=beforebell
     
  2. Wally

    Wally Hailing from Parts Unknown.

    The real question is: Is FedEx playing with dynamite?
     
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  3. oldngray

    oldngray nowhere special

    Now we will another round of the lame FedEx - UPS merger joke.
     
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  4. Wally

    Wally Hailing from Parts Unknown.

    About as old and stale as JJ Walker!
     
  5. AirOnTrace

    AirOnTrace Allergic to cardboard.

    This topic makes me... FedUp!!!!!!

    *rimshot*
     
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  6. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    UPS is the dominant player in US and EUROs don't like American Capitalism (ie. Microsoft) and FedEx is perceived as a more Global company with a long time presence in Europe and FedEx plays the behind the scene political game much better than UPS. Lots of money greased this venture.
     
  7. Purplepackage

    Purplepackage Well-Known Member

    It's not like this matters a whole lot, FedEx express will benefit with more international shipping customers and ups will continue to dominate ground shipping and life goes on
     
  8. I read somewhere the airline isn't a part of this. It's strictly for the ground operation. That will help push it through.

    FedEx couldn't use the airline anyways. Their contract states all flights have to be flown by FedEx US based pilots.
     
  9. Wally

    Wally Hailing from Parts Unknown.

    [​IMG]
     
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  10. STFXG

    STFXG Well-Known Member

    FedEx continues to grow. UPS continues to stagnate. Whats new?
     
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  11. airintrace

    airintrace Active Member

    There are European regulations that say that Fed Ex will have to sell the TNT part of the airline. They told UPS the same thing also; but they will go ahead and flip that airline for a profit on top of the good deal they are already getting.
     
  12. upschuck

    upschuck Avatar bet gone wrong

    Wonder if we'll keep the TNT account?
     
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  13. Returntosender

    Returntosender Well-Known Member

    Fred Smith next target. Expeditiors International, to compete with UPS Frieght.
     
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  14. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Uh ever hear of FedEx freight?
     
  15. Returntosender

    Returntosender Well-Known Member

    Heard of it. Fed Ex buying Expeditiors International will just add to their marketshare.
     
  16. Indecisi0n

    Indecisi0n Well-Known Member

    Because I'm T. N. T , im dynamite ....
     
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  17. FilingBluesFL

    FilingBluesFL Well-Known Member

    How much to watch you "explode?"
     
  18. burrheadd

    burrheadd Superstar

    I thought it was because Fedex provided better Hookers and more blow
     
  19. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    You must have them confused with the Secret Service.
     
  20. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I would pay just to have him disappear.
     
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