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Home » Will EU Permanently Ground FedEx-TNT Deal?

Will EU Permanently Ground FedEx-TNT Deal?

October 9, 2015
Air Cargo World

EU regulators could submit a formal complaint to FedEx within a couple of weeks, which could trigger new negotiations.

An attempt by FedEx rival UPS to purchase TNT in 2013 was shut down by the European Commission over concerns about reduced competition, due to the combined market share of the proposed UPS/TNT entity. Sources close to FedEx say that the deal is "very finely balanced," and that the EU regulators have yet to decide whether to send a statement of objections.

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KEYWORDS 3PL Air Cargo Air Cargo World airfreight industry Europe European Logistics Global Logistics Global Supply Chain Management Global Trade Management international trade Logistics Logistics Management: Air Cargo Logistics Outsourcing Regulation & Compliance Transportation & Distribution Transportation Management
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