Specifically, what would Washington do in this particular case to influence this sale? Who would they give money to in this case that would affect the outcome of this purchase?
Has nothing to do with Washington contacts since TNT is a European HQ company with limited presence in the US. Simply a marketshare issue. UPS has about 17% marketshare in Europe and if they acquired TNT would have been the largest player in Europe. FedEx has limited share in Europe and with the acquisition will now have about 17% share, leveling the playing field.
If I was an investor in TNT I would not approve the deal since UPS offered substantially more two years ago versus the FedEx offer. The shareholders should not approve the deal and should pressure FedEx for a better offer.
If things are so bad at UPS, why work there? There are plenty of other options for employment. Why would any reasonable person work at a place they think is so bad for them?
True, no passenger MD-11s are in service but there certainly are parts and support outside the US. The worldwide fleet of MD-11s consists exclusively of freighters with 142 in commercial service; the five largest operators are FedEx Express (60), UPS Airlines (38), Lufthansa Cargo (15), Martinair Holland (6), and Sky Lease Cargo (6).
Are you posting on the FDX board about the MD-11 since they are the largest operator of the aircraft? It's going to be many years before they replace their MD-11s with 777s. They have already delayed additional deliveries of the 777 and have converted some 777 orders for 767s (which do not replace the MD-11).
It's truly frightening if you are a maintenance sup with the amount of incorrect information you post on this board.
Trying to change the subject to the stock price now? You claimed what I posted was "simply false" so can you back up your statement?
Facts, not opinions.
What, specifically, is false that I posted?
In 2007, FedEx announced plans to acquire 90 Boeing 757-200s. Because production ended in 2005, FedEx was left with no choice but to acquire secondhand aircraft from other airlines at a cost of US$2.6 billion to replace its aging Boeing 727 fleet. Fedex Express has also agreed to buy up to 30 ex United Airlines 757-200s.
Planes on order don't count since they are not in service and orders can be cancelled or postponed. For example, they had 10 A380's on order with options for another 10. They cancelled delivery of all of them.
UPS has 237 jet aircraft. 32% are 757, 25% are 767, 22% are A300, 5% are 747 and 16% are MD-11.
The industry trend is for express services to decline and ground to increase so why would new planes be ordered? Again, FedEx HAD to get new planes since much of their fleet was old and very inefficient.
Which company has higher margins, a better dividend and is increasing express market share? HINT - it's not the one with purple airplanes.
FACTS, not opinions.
UPS Airlines has an active fleet of 237 aircraft with an average age of 14.8 years. In addition, the airline charters 293 aircraft. FedEx Express has had to buy aircraft over the past few years to replace their ancient MD-10 and 727 fleet. All of their 757 aircraft were bought used.
UPS moves more express packages on a daily basis than FedEx Express with a much smaller air fleet due to a more efficient operation - source - annual reports.
UPS has consistently gained air marketshare from FedEx Express over the past 4 years - source - annual reports for express volume.
Since the service is called My Choice, it is the decision of the receiver to sign in advance for a package to be released at their residence. By authorizing the release of the package, UPS is not liable - read the terms of service. Once again, it's up to the receiver to decide - "My Choice." Are you opposed to giving options to people to make up their own decisions?
No guaranteed service refunds for any late packages. FedEx Express & Ground also shut down in the Northeast so any negative impacts for UPS will also be shared by them.