U.S. courier delivery company FedEx on Tuesday highlighted its intentions to expand globally by announcing a planned purchase of Dutch-based rival TNT Express. The deal is an all-cash public offer ...
FedEx (NYSE:FDX) said an information system virus hit the shipping giant’s TNT Express unit, which experienced service disruptions on Wednesday. FedEx, which acquired Dutch parcel company TNT Express ...
Now that the government of China has unconditionally approved FedEx Corp.’s intended acquisition of TNT Express N.V., the massive deal is on track to close by June 30, according to the two firms. It ...
AMSTERDAM, May 26 (Reuters) - Shares in global delivery firm TNT Express got off to a flying start following the break-up of Dutch parent TNT, while struggling mail unit PostNL's standalone debut was ...
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TNT added $7.4 billion of revenue to Federal Express during fiscal 2017, an amount equal to 15% of FedEx's prior-year total revenue. But the operating margin on that contribution was only 3.3%. That's ...
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