FedEx said it “remains confident” about its proposed takeover of TNT Express despite the European Commission launching what it termed an “in-depth investigation” into the planned acquisition. The Commission said: “The EC is concerned that on a number of European markets for international express and regular small package deliveries, the merged entity would face insufficient competitive constraints if the takeover went ahead. This could lead to higher prices for business customers and consumers.” It stressed the merger would leave just […]
UPS Europe president Jim Barber will replace Dan Brutto as UPS International president when he retires at the end of April.
DHL Supply Chain has extended its contract with electrical retailer Dixons Carphone, landing a new three-year deal worth £78m.
Tesco is to close two of its distribution centres in the UK, bringing all warehouse operations carried out by DHL Supply Chain and Wincanton in-house, as part of a long-term plan to “simplify” its distribution operations.