The offer period for the proposed merger of UPS and TNT Express has once again been extended. Following an exemption granted by The Netherlands Authority for the Financial Markets (AFM), the period has been extended until one week after competition clearances have been obtained from regulators, the European Commission and the Chinese Ministry of Commerce. The clearances are not expected to be issued before the end of the current offer period on 9 November. The latest extension will see the […]
TNT Express has revealed a profit improvement plan between now and 2015 to “create a more focused, efficient and profitable TNT Express”.
Amazon plans to open four more depots under its ‘Amazon Logistics’ business in 2014 to give it more flexibility and capacity.
Hermes is offering UK-based retailers the ability to have their parcels delivered into its overseas ParcelShops for the first time.