Former TNT Express chairman and chief executive Marie-Christine Lombard has taken up the position of chief executive of Geodis. Having left the parcel firm last month, Lombard will take up the position vacated by former chief executive Jean-Louis Demeulenaere. She will oversee the firm’s transport and logistics division, Geodis Calberson. Jean-Louis Demeulenaere is leaving Geodis to “pursue new projects”, according to a company statement issued yesterday. The appointment comes as of a governance shake-up by the board of directors, which […]
FedEx has made an offer to acquire TNT Express, valuing the business at €4.4bn (£3.2bn), in a deal that both parties describe as having a high level of certainty.
UPS and TNT Express have submitted remedies to the European Commission to address its competition concerns, extending the review period further. The submission extends the EC’s review period by 15 business days to 5 February 2013. The proposed remedies involve the sale of the business activities and its assets. UPS needs to ensure the long-term viability of these activities and the continuity of service already provided by TNT Express. In order to receive approval, the EC will market-test the remedies. […]
Unite has confirmed that union members at UPS’s Luton depot will hold a demonstration next week, following a number of similar demonstrations throughout July and August.