The Rise and Rise of the Integrators: Part Three
February 23, 2010
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In the final installment of his in-depth article, Paul Jackson, chairman of Triangle Management Services, brings us up to the modern day.
By the mid-1980s, TNT was firing on all four cylinders and investing 18 % in Airborne, a US-based freight forwarder with an overnight US air network – seen at the time as a move of genius. However, Abeles was thwarted by US regulations against foreign ownership of airlines and a determined management who awarded themselves ludicrous “golden parachutes” – high-value termination contracts in the event of takeover.
Please visit Post and Parcel to read the entire story.
Categories: Integrator
Integrators, Paul Jackson, Post & Parcel