Daily Archives: May 13, 2016

FedEx and TNT Express Announce that 88.4% of all TNT Express Shares Have Been Tendered

The Offer is made solely pursuant to the offer document, dated August 21, 2015 (the Offer Document), approved by the Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten) (the AFM). On a daily basis, TNT Express delivers close to one million consignments ranging from documents and parcels to palletised freight. Neither FedEx, nor TNT Express, nor any of their advisors assumes any responsibility for any violation by any of these restrictions. Digital copies of the Offer Document are available on the website of TNT Express at http://www.tnt.com/corporate/en/site/home/investors/fedex_offer.html and on the website of FedEx at http://investors.fedex.com. Each holder of TNT Express shares is urged to consult his independent professional advisor immediately regarding the tax consequences of acceptance of the Offer.

By | 2016-09-02T06:19:28+00:00 May 13th, 2016|fedex, News, shippers, Shipping|0 Comments

UPS To Open New Facility In Round Rock, TX

The package processing facility will include automated sorting systems and will house approximately 300 UPS® delivery vehicles. UPS (NYSE: UPS) today announced the construction of a new package distribution facility in the Austin area. In 2014, UPS also announced two new distribution facilities in the Dallas/Fort Worth area and the expansion of its distribution and sorting facility in San Antonio earlier this month. The facility’s team will provide pickup and delivery services to UPS customers in the greater Austin area. The Round Rock building is expected to open at the end of 2018.

By | 2016-09-13T15:22:47+00:00 May 13th, 2016|News, shippers, Shipping, ups|0 Comments