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Shippers welcome express merger
[ July 16, 2015 // Chris ]The European Shippers’ Council has come out in favour of the merger between TNT and FedEx, despite opposing UPS’s mooted takeover of TNT a few years ago. It says that while its members omplained about the possibility of losing one of the three European express carriers and resultant lack of competition in the European market, customers never saw FedEx as an option for the Intra-European market. According to a survey, 90% of the ESC members welcome the TNT-FedEx deal.