Arab Today, arab today belgium airport \fears tnt departure eyes fedex deal\
Last Updated : GMT 05:43:47
Arab Today, arab today
Arab Today, arab today

EC worried merger would reduce integrators

Belgium airport \'fears TNT departure, eyes FedEx deal\'

Arab Today, arab today

Arab Today, arab today Belgium airport \'fears TNT departure, eyes FedEx deal\'

Belgium's Liege airport hopes to entice US parcel delivery firm FedEx away from Paris airports
Brussels - Arabstoday

Belgium\'s Liege airport hopes to entice US parcel delivery firm FedEx away from Paris airports Belgium\'s Liege airport, one of Europe\'s busiest freight hubs, hopes to entice US parcel delivery firm FedEx away from Paris airports should Dutch firm TNT Express depart for Germany. The head of the Liege airport board, Jose Happart, told daily newspaper La Libre on Saturday that the airport was looking into a deal with FedEx, should the Dutch company go as the result of a looming tie-up with US delivery giant United Parcel Service (UPS).
UPS launched a 5.16-billion-euro ($6.71 billion) takeover bid for TNT Express last year.
If approved by EU anti-trust authorities, UPS could well decide to move the Dutch firm\'s Liege operations - involving some 2,000 jobs - to its own UPS hub in Cologne, in order to streamline services and management.
\"If TNT goes there is another big company, FedEx, which is currently based in Paris,\" said Happart. \"We will try to attract it here in part.\"
But he added that \"if TNT were to leave Liege Airport, it would likely not be a total withdrawal.\"
UPS said in November that it had amended its multi-billion-euro bid for TNT Express to meet EU conditions and close the deal by next year.
The European Commission competition authorities said last year they were worried that the proposed merger would reduce the number of so-called integrators from four to three and lead to a highly concentrated market for domestic and international express delivery services.
UPS and TNT Express are major players in the sector for delivery of small packages and are two of four firms with a comprehensive air and road delivery network on the continent.
Others present in Europe are DHL, owned by Deutsche Post, and FedEx, a US-based company.
The deal is expected to put UPS ahead of its two competitors as it would strengthen its position in Europe and globally.
TNT Express is a global player operating in more than 200 countries and maintains a leading role in the road freight network in Europe.
UPS is the world\'s biggest package-shipping group, with annual revenues in 2011 of $53.1 billion and 400,000 employees.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today belgium airport \fears tnt departure eyes fedex deal\ Arab Today, arab today belgium airport \fears tnt departure eyes fedex deal\

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today belgium airport \fears tnt departure eyes fedex deal\ Arab Today, arab today belgium airport \fears tnt departure eyes fedex deal\

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Fighters celebrate Raqa victory

GMT 06:07 2017 Wednesday ,18 October

Fighters celebrate Raqa victory
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday