UPS is boosting the number of electric vehicles it runs from its central London depot from 65 to 170, after installing technology that marks the beginning of the end for the combustion engine. The new smart grid charging technology, which the company developed in collaboration with UK Power Networks and Cross River Partnership, removes the need for an expensive upgrade to the power supply grid in order to simultaneously recharge an entire fleet of electric vehicles. Hailing the deployment as […]
Parcels firm UPS has said it can not comment further on an investigation into the discovery of more than £1.6m worth of cannabis (pictured), amphetamines and ecstasy at a parcels depot in Tamworth in December.
UPS says it is still in talks to buy rival TNT Express, despite its initial bid on 17 February being rejected by the Dutch parcels giant. “UPS remains in constructive discussions with TNT Express NV regarding a potential transaction to acquire the entire issued share capital of TNT Express,” a statement from the US parcel giant says. A bid of €9 per share was offered by UPS last month, worth €4.9bn, but this was rejected by TNT just five days […]