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UPS intends to share the transport network and promote the acquisition of TNT approved Aviation Tools

2012-12-03    Font Size : Big  |  Default  |  Small

According to Bloomberg News reported on November 28th, UPS is currently considering and competitors shared transport network and aviation transportation, alleviate the EU to forestall concerns, for its approval of TNT express company takeovers.
The report points out, UPS plans to ensure the fixed price to the industry competitors provide transport network service sharing, and sell some of its assets, to form a new, large-scale Europe-wide competition situation, ensure the express delivery industry continues to present in sufficient quantities for its occasional, alleviate the orgnaization of European Union antitrust concerns.
Since March 19, 2012, announced the acquisition of trading since two, UPS has been delayed completion target date, to wait for the regulatory assessment.
The EU competition commissioner GA Quinn Almunia ( Joaquin Almunia ) has said, UPS acquisition need " apparent concessions " to eliminate the antitrust dimensions of worry. Regulatory agencies in the last month were parties to the transaction the company sent a formal objection, the acquisition of TNT transactions and possible problems.
MYEX Fujian Asia International Express
2012-12-03