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UPS Subsidiaries
UPS Freight = TForce Freight
UPS Agrees To Purchase Overnite
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<blockquote data-quote="isdrone" data-source="post: 54240"><p>Think about it. Menlo / new freight hubs? Why not move it ourselves? Another domino has fallen into place. I wonder about the price though seems steep. Also remember Union Pacific owned Overnite and really messed it up. Overnite has an extensive network and they make money (not much, but we can work on those margins). Also remember Menlo (the portion we bought) was losing money when we acquired them. The parent company was more than happy to be rid of them. </p><p>What's next? </p><p> </p><p>Acquisition rumors: In one of my classes several years ago the professor informed us that GE looked very hard at UPS while we were still private. Think how things would have been under Welch &amp; Company.</p></blockquote><p></p>
[QUOTE="isdrone, post: 54240"] Think about it. Menlo / new freight hubs? Why not move it ourselves? Another domino has fallen into place. I wonder about the price though seems steep. Also remember Union Pacific owned Overnite and really messed it up. Overnite has an extensive network and they make money (not much, but we can work on those margins). Also remember Menlo (the portion we bought) was losing money when we acquired them. The parent company was more than happy to be rid of them. What's next? Acquisition rumors: In one of my classes several years ago the professor informed us that GE looked very hard at UPS while we were still private. Think how things would have been under Welch & Company. [/QUOTE]
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UPS Agrees To Purchase Overnite
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