This means that UE market is still attractive to foreign businesses. However according to this article, EU antitrust regulators don't like the way UPS and other logistics companies are breaking EU antitrust rules. UPS would have to abide by EU laws if the company really want to do business there.
One other issue to consider is that the various segments of the economy are being consolidated by the biggest companies. There are certain economic ends that can benefit from scale and one of this is logistics, which may explain UPS' action.
That's an interesting development becuase FedEx is usually considered a premium service, and UPS has a variety of 2nd and 3rd day deliveries that are less expensive. You may see more people and businesses willing to wait a day or two in order to save freight costs.
This is something which is going to afflict the Industry as a whole going ahead as the World Economy slows down.
Good thing is that this move will enable consolidation especially in the rapidly Shrinking Market of Europe.
Thanks to Austerity Europe will struggle to see much growth going ahead and this UPS/TNT merger will ensure one less competitor for UPS in a shrinking market.
Consolidation is inevitable ,especially for the Smaller players.
So this was the reason. Some days ago I saw a UPS van close to where I live, and for half a second I was surprised. Then I just forgot about it. Surprised because I hadn't seen one in ages. Now thanks to your blog I know what was that UPS van doing in Finland. :)
@Barbara - From what I read, that sounds like the intention. Take some of the best practices in the US and export them here. Hopefully it will be as effective.
This seems like a sweet deal for UPS. If, as some readers suggest, TNT's service could use an upgrade, I think UPS is up to the task. My last dealings with UPS were exceptionally good--they beat their delivery dates by several days. Whatever they are doing here in the US, they are doing right, and if they can duplicate it in Europe I thinks you'll see an improvement.
I sure hope the UPS acquisition of TNT improves the service provided by TNT. Having used TNT a few times over the years I have always found their service somewhat lacking.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Archived Dialogues
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Euro-Crisis: What It Means for High-Tech Firms Join EBN Editor in Chief Bolaji Ojo and Contributing Editor Jennifer Baljko on Thursday, July 12, at 10:00 a.m. EDT for a Live Chat on high-tech and Europe's economic difficulties.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.
To save this item to your list of favorite EBN content so you can find it later in your Profile page, click the "Save It" button next to the item.
If you found this interesting or useful, please use the links to the services below to share it with other readers. You will need a free account with each service to share an item via that service.
Tweet This
