UPS and TNT Express do not now expect their multi-billion euro merger, announced in March, to be completed until early 2013. The operators had originally hoped to seal a deal in the first half of […]
The European Commission (EC) is to probe potential competition concerns in the small parcels sector, particularly international express services, if UPS’s takeover of TNT Express goes ahead. Dutch-owned TNT Express and US parcel giant UPS […]
TNT Express has appointed Tex Gunning as chief executive after former boss Marie-Christine Lombard resigned in September.
Scania Group has made a SEK 3.8bn (£334m) provision in relation to the European Commission’s (EC’s) truck cartel investigation, but contests the EC’s view that it was involved in price-fixing.