ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

UPS and TNT

Competitors and other mail organisations around the world news and discussion.This is an open forum.
Biker Mouse
Posts: 543
Joined: 19 Oct 2009, 18:37
Gender: Male

UPS and TNT

Post by Biker Mouse »

TNT driver told me today that UPS are in talks with TNT to buy them out. UPS trying to get a bigger hold in Europe and a foot into the Chinese market which TNT are involved in. China and the US don't get on so it's in through the backdoor! Only driver gossip but has anyone else heard this?
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72497
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Re: UPS and TNT

Post by TrueBlueTerrier »

Biker Mouse wrote:TNT driver told me today that UPS are in talks with TNT to buy them out. UPS trying to get a bigger hold in Europe and a foot into the Chinese market which TNT are involved in. China and the US don't get on so it's in through the backdoor! Only driver gossip but has anyone else heard this?

http://www.royalmailchat.co.uk/communit ... NT#p485726" onclick="window.open(this.href);return false;
PostNL became a separate entity in April last year following the demerger of TNT Express and expects to make about 1.5bn euros from the sale of its remaining stake in TNT to UPS.
All post by me in Green are Admin Posts.
Any post in any other colour is my own responsibility.
If you like a news story I posted please click the link to show support Any news stories you can't post - PM me with a link
My sharing of news articles should not be interpreted as an endorsement or condemnation of any particular viewpoint or the issues presented. I share them solely for informational purposes.
User avatar
POSTMAN
SITE ADMINISTRATOR
Posts: 32679
Joined: 07 Aug 2006, 03:19
Gender: Male

Re: UPS and TNT

Post by POSTMAN »

UPS said today that TNT Express shareholders now have until the end of August to decide on its $6.3bn offer for the Amsterdam-based integrator...
http://postandparcel.info/48435/news/co ... t-express/" onclick="window.open(this.href);return false;
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.