The purposed $4.8 billion acquisition of TNT by FedEx has received the news they wished to hear from the European Commission, an unconditional approval has been awarded to the project   Finally, after a long wait the European Commission has given a green signal to the FedEx-TNT acquisition process. The news has been received from […]

XPO Logistics spends billions to acquire Con-way and the jewel in its peak, Menlo   XPO Logistics has ready for a new multi-billion dollar purchase: it had decided to purchase US trucking and logistics company Con-way. The agreement standards publicly-listed Con-way at $3bn, and a tender proposal will be transferred to Con-way investors. Buying large […]

  FedEx acquisition of TNT expresses for successful small package delivery to meet the needs of customers and according to the policies of the European Commission to crush its competitors A process of the investigation started by the European Commission against the proposal of FedEx $4.8bn to take over TNT Express over concerns that the […]

European Union officials should rule on FedEx Corporation’s proposal to purchase Dutch logistics company TNT Express by Aug 3. On Friday, June 26, FedEx submitted an important letter to the European Commission to acquire governing confirmation order for the approximately $5 billion purchase of TNT Express. It is a prime agreement in a 42-year business history […]

  Finally, European shippers have shown their full support to the merger of world cargo giant FedEx with European parcel delivery queen TNT   If look back in 2013, when UPS decided to purchase the fellow express delivery firm TNT, the entire member base of European Shippers’ council was against the decision of purchase. It […]

  Cargo companies welcome FedEx-TNT merger because it will help to ease the cargo operations in UK and Europe Cargo companies in UK and entire Europe welcome the proposed merger of TNT into the FedEx. It is a €4.4 billion deal that allow the FedEx to take over the TNT. The merger has been announced […]