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 […]
More than three quarters of UK consumers say reliable delivery is there number one priority, according to a report from UPS.
TNT Express chief financial officer Bernard Bot is to step down from his position this year.
Mark Vale has been appointed as the new president of UPS UK, Ireland and Nordics to lead a key growth region for the postal giant.