Analysis: The $800m UPS Freight sale to TFI – two sides of the same coin
(And UPS isn’t done with its own deal-making.)
From afar, New Zealand has always seemed like an almost mythically attractive place.
Lush, prosperous and tolerant, it has none of the alarming wildlife common to its northern neighbour, and appears to outsiders to be very competently run, not least during the Covid-19 crisis.
Little surprise, then, that it is also home to a play-it-safe logistics company – Mainfreight – which, on the face of things, smartly outperforms the global industry and is incredibly well-regarded in the trade.
The Auckland headquartered company ...