SA: FedEx & UPS headline Credit Suisse's list of top transportation stocks
SEEKING ALPHA reports: Credit Suisse started off coverage on the transportation and logistics sector with a ...
It feels like a long time ago now, but remember the UPS bid for TNT, turned down by the EU, while FedEx was allowed? UPS didn’t attempt to overturn FedEx’s deal, but it did hit the EU with a €1.7bn compensation claim. The EU’s General Court has dismissed the claim, perhaps unsurprisingly. And it has also dismissed one from ASL Aviation, which despite agreeing to buy TNT’s airlines, had also tried to sue the EU for €93.8m over loss of profits after the UPS deal was blocked. CH Aviation reports.
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