UPS is set to acquire TNT Express NV in a deal that will create a €45bn (£37.4bn) global logistics firm. The deal values the Dutch firm at approximately €5.16bn, following its increased offer of €9.50 per ordinary share. UPS says that in acquiring TNT it will fulfill its long-standing aim to expand its European operations. According to the Motor Transport Top 100 the combined business will generate a UK turnover of approximately£1.3bn – placing it level with Wincanton as the […]
As Motortransport.co.uk celebrates its first birthday, we have enhanced and improved the site, bringing you additional content that you can only read online. To ensure we continue to provide you with the most relevant news and content to help you and your organisation stay on top of developments in the road transport industry, we have introduced a registration wall to the site from today (Friday 2 February). Don’t panic, everything remains free to view, you just need to become a […]
Operators have welcomed the relaunch of Truckpol, the road freight crime intelligence unit that closed after its funding was cut in 2012.
Here we are at the end of yet another year and the time when the MT cost tables appear.