UPS to acquire MNX Global Logistics
PRESS RELEASE SEPTEMBER 28, 2023 7:45AM EDT UPS to Acquire MNX in Strategic Move to Expand Global ...
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“UPS is making great progress on our transformation initiatives to enhance profitable growth and improve operating leverage. We are confident that our strategies will position the company to provide improved value for customers and shareowners.” So said David Abney (pictured above), UPS chairman and chief executive, at its recent interim results.
UPS stock rocketed last week after the US-based behemoth maintained its position in a transport and logistics industry where only a few companies and their shares are performing according to their ...
Comment on this article
Andreas Kout
August 02, 2018 at 3:23 pmHello. Well who should they buy in, XPO forget o their own acquisition trail.
UPS lacks two things
contract logistics power
freight forwarding power
Which companies would make up a match complement this ,you can surely
find yourself a response on this. for sure is not too much companies would
say maximum 3 or
A.Kout
Ale Pasetti
August 03, 2018 at 7:27 amThank you, Andreas. Given the pressure on profitability, I doubt UP will look to gain scale inorganically in CL and FF. Have a great w’end!