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UPS Subsidiaries
UPS Freight = TForce Freight
UPS Agrees To Purchase Overnite
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<blockquote data-quote="wkmac" data-source="post: 54248"><p>robo, </p><p>Early this morning UPS was down and Overnite was up over 40%. Normally in transactions like this the one buying goes down and the one being bought goes up so if UPS does end the day up and Overnite also stays up it would suggest someone likes it. Regardless, UPS is buying marketshare and I won't question the good or bad of that but I am glad to see them finally do something on the freight side but how all this will be intregrated under one brand or left outside is still not clear, at least to me it is. With Menlo and now this does seem to be a one,two punch and this is good at least from surface appearances. </p><p> </p><p>BTW: Another rumor for the last several years was UPS buying Yellow and more than one Yellow driver has asked about when they would browndown so it was on the other side of the fence as well. Hey, we still got some stock so let's go out and buy Yellow too! LOL! </p><p> </p><p>Now that would rattle FedEx's cage IMO.</p></blockquote><p></p>
[QUOTE="wkmac, post: 54248"] robo, Early this morning UPS was down and Overnite was up over 40%. Normally in transactions like this the one buying goes down and the one being bought goes up so if UPS does end the day up and Overnite also stays up it would suggest someone likes it. Regardless, UPS is buying marketshare and I won't question the good or bad of that but I am glad to see them finally do something on the freight side but how all this will be intregrated under one brand or left outside is still not clear, at least to me it is. With Menlo and now this does seem to be a one,two punch and this is good at least from surface appearances. BTW: Another rumor for the last several years was UPS buying Yellow and more than one Yellow driver has asked about when they would browndown so it was on the other side of the fence as well. Hey, we still got some stock so let's go out and buy Yellow too! LOL! Now that would rattle FedEx's cage IMO. [/QUOTE]
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