ups

UPS flies aid to drought-hit Sahel

UNICEF partner UPS provided transport for the first aerial shipment of lifesaving supplies to Mauritania this year as part of the international aid effort to the drought-hit Sahel region of West and Central Africa that is affecting at least one million children. The UPS flight, departing from Cologne, Germany on 22 April contained more than 46 tonnes of critical UNICEF relief supplies including nutrition, health, education, water, sanitation, and hygiene items. ... [+]

UPS to buy TNT

UPS has agreed to buy rival carrier TNT Express for about €5.16 billion, slightly more than the initial €4.9 billion offer rejected by the Dutch-based operator earlier this month. TNT's executive and supervisory boards said they would unanimously intend to support and recommend the offer. In a joint statement, the two ... [+]

UPS TNT offer ‘still live’

UPS says that it is still interested in buying rival express carrier, TNT. In a statement issued on 16 March, the US-based company said it “ remains in constructive discussions with TNT Express N.V. regarding a potential transaction to acquire the entire issued share capital of TNT Express.” It adds that ... [+]

UPS ‘close’ to TNT deal

UPS is reported to be nearing agreement to buy TNT Express NV following the rejection of the US giant's initial €4.9 billion euro offer was rejected, according to Bloomberg. The news agency reported that the sides are now close to a deal on the price, but on conditions that may lead to ... [+]