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Sometimes you win by losing
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<blockquote data-quote="Trackless in brown" data-source="post: 3866137" data-attributes="member: 51772"><p>Fedex has struggled since acquiring European rival TNT Express for $4.8 billion in 2016. The business was paralyzed by a cyberattack in 2017 and has also struggled with integration and lower-than-expected package volumes.</p><p></p><p>FedEx said the TNT deal won't improve profits by at least $1.2 billion next fiscal year as it had projected.</p><p></p><p>Looks like UPS dodged a bullet with the TNT deal</p></blockquote><p></p>
[QUOTE="Trackless in brown, post: 3866137, member: 51772"] Fedex has struggled since acquiring European rival TNT Express for $4.8 billion in 2016. The business was paralyzed by a cyberattack in 2017 and has also struggled with integration and lower-than-expected package volumes. FedEx said the TNT deal won't improve profits by at least $1.2 billion next fiscal year as it had projected. Looks like UPS dodged a bullet with the TNT deal [/QUOTE]
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