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UPS Subsidiaries
UPS Freight = TForce Freight
UPS Agrees To Purchase Overnite
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<blockquote data-quote="upsdawg" data-source="post: 54246"><p>The purchase of Overnite is an interesting one--yes the rumor has been in place for 5 years that UPS was going to buy....Consolidated---than Yellow...and finally Overnite. I am thinking that someone else is in the market to buy---someone with extremely deep pockets--as in DHL---so it forced UPS hand to do something!!So here is where it gets interesting----if UPS acquired Yellow and they are union---it is pretty easy to merge 2 union companies. So did UPS acquire Overnite because it was the best value---or was it to force a company like DHL to try to merge a union company with a non- union company(DHL-Airborne).</p></blockquote><p></p>
[QUOTE="upsdawg, post: 54246"] The purchase of Overnite is an interesting one--yes the rumor has been in place for 5 years that UPS was going to buy....Consolidated---than Yellow...and finally Overnite. I am thinking that someone else is in the market to buy---someone with extremely deep pockets--as in DHL---so it forced UPS hand to do something!!So here is where it gets interesting----if UPS acquired Yellow and they are union---it is pretty easy to merge 2 union companies. So did UPS acquire Overnite because it was the best value---or was it to force a company like DHL to try to merge a union company with a non- union company(DHL-Airborne). [/QUOTE]
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