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Official: UPS expands green fleet with 1,000 propane trucks
2014-03-10 23:13:17| Trucking - Topix.net
"Brown" continues to try to get all the more "green" via propane. UPS, known for its famous brown vehicles, is adding to its fleet of alt-fuel trucks with an additional 1,000 propane-powered delivery trucks that will start going into service in the middle of this year in rural areas in Louisiana and Oklahoma.
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Vodafone ups offer for Ono in preliminary deal - report
2014-03-10 09:16:00| Telecompaper Headlines
(Telecompaper) Vodafone has raised its offer for Spanish cable operator Ono to EUR 7 billion including debt and has reached a preliminary agreement to buy the company, reports Reuters citing unnamed sources close to the matter. Ono is said to have opened its books to allow Vodafone to initiate an accelerated due diligence process ahead of its shareholders meeting on 13 March. However, until Vodafone makes a firm offer to all shareholders, Ono intends to continue working on alternative plans for an IPO, which is due to be formally presented at next week's meeting. The Spanish operator previously rebuffed offers of EUR 6 billion and EUR 6.5 billion as too low and the sources suggest that Vodafone's revised bid will have to be substantially higher to persuade Ono's shareholders to drop the flotation. In fact, according to one of the sources, an offer would have to be in line with recent cable deals in the Netherlands, where Liberty Global agreed to pay 11.3 times EBITDA for Dutch rival Ziggo, and Germany, where Vodafone paid 11.9 times EBITDA for Kabel Deutschland. Ono's EBITDA for 2012 was EUR 752 million, so applying an 11 times multiple on it would translate to a Vodafone bid of around EUR 8.2 billion.
UPS Granted First of its Kind Special Permit for Electronic Reporting of Hazmat
2014-03-08 17:13:47| Trucking - Topix.net
UPS announced it will begin to transmit hazardous material information electronically, by phone, or fax starting June 1, 2014.
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UPS Granted First of its Kind Special Permit for Electronic Reporting of Hazmat
2014-03-08 17:09:11| Air Courier - Topix.net
UPS announced it will begin to transmit hazardous material information electronically, by phone, or fax starting June 1, 2014.
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In China, FedEx and UPS Wait for Regulators to Renew Permits
2014-03-07 08:51:50| Air Courier - Topix.net
This is a good time to be in the package delivery business in China. Last year, Chinese bought 1.85 trillion yuan worth of goods online.
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