The European Commission (EC) has extended the deadline for the completion of its investigation into FedEx’s proposed acquisition of TNT. The new deadline is 13 January compared with the original 7 December deadline. It came after the two operators requested more time. Ricardo Cardoso, spokesman for competition policy of the EC, said: “We can confirm that the deadline for the commission to decide on the proposed merger has been extended until 13 January. “The parties have requested a 20 day […]
Up to 130 jobs may be affected at TNT Fashion Group UK as a result of plans to integrate elements of its dedicated supply chain operations within the wider TNT Express network.
Cabotage regulations are unclear and unenforceable, according to the European Commission (EC).