TNT said it is more certain about its future after the collapse of its multi-billion euro acquisition by UPS last week, despite analysts warning that the industry giant needs to “work out what is going on”. UPS pulled the plug on the €5.16bn (£4.31bn) deal after it became clear that the European Commission (EC) would veto the acquisition, which had been bogged down in EC red tape for the past 10 months, due to competition concerns. UPS said it was […]
Although the heroics of Team GB at London 2012 already feel like a long time ago, UPS, which was named logistics and express delivery partner to the Games in January 2009, doesn’t officially wrap up its involvement until the end of this month. The winding down and effective closure of two warehouses, in Stevenage and the Port of Tilbury, will bring the curtain down on a supply chain that handled 30 million items, and dealt with everything from demanding broadcasters, […]
New research suggests operators’ expectations of growth this year could be hamstrung by a lack of innovation within the road transport sector.
Knights of Old has entered into partnership with German operator Transland Spedition, which will allow it to offer daily departures to all European capitals.