fedex
FedEx and TNT Express confirmed on 20 October that they have been told by the European Commission that there will be no objection to their planned merger, ahead of the expiry of a deadline on 23 October. The two companies expect that FedEx's offer for TNT will close in the first half of 2016.
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FedEx has committed about $1 million in cash and transportation support to deliver emergency supplies and critical medical aid to thousands of migrants and refugees in Europe. It has donated $1 million to the International Federation of Red Cross and Red Crescent Societies.
It is also transporting hygiene kits for ...
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FedEx has donated essential school equipment to help disadvantaged children and young people for the Action for Children in the UK as part of its FedEx Cares programme, FedEx team members collected over 2,500 items, which will be distributed at nine Action for Children services across the UK in time ...
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FedEx has made an offer for takeover target TNT Express of €8.00 per ordinary share, which the latter’s board has recommended to shareholders. The two companies add that positive advice and opinion has been obtained from TNT’s Central Works Council and the European Works Council. PostNL, which currently holds 14.7% ...
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FedEx Trade Networks, the express operator's forwarding arm, has appointed Dr Udo Lange as executive vice president and chief operating officer, responsible for overseeing all global air and ocean freight forwarding and customs brokerage operations. Prior to joining FedEx Trade Networks, Lange worked for international transportation providers including DHL and ...
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The European Commission said on 31 July that it had started a Phase II review of FedEx's intended public offer to buy TNT Express. It says that this is the next step in its analysis before coming to a decision. The transaction is also being reviewed by other antitrust agencies, ...
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FedEx Express is to buy 50 767-300F aircraft from Boeing and has taken options for a further 50 aircraft. The first 50 will be delivered from 2018 to 2023.
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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 ...
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FedEx said on 26 June that it had filed its acquisition of TNT Express with the European Commission. The US company expects to submit a request for review and approval of its Offer Document with the Netherlands Authority for the Financial Markets before 30 June , and the offer is expecting ...
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Red-faced Pentagon officials have been forced to admit that they have been sending live samples of anthrax to laboratories across the US and to Australia, Canada and South Korea in standard
According to a BBC report, the samples were sent by mistake as part of a training programme, but the ...
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