UPS says its takeover of TNT Express is likely to be completed in the fourth quarter. The US firm says it wants to carry out a what it describes as a ‘Phase II review’, as there are “certain areas that require more time to analyse”. This extended review could take up to 25 weeks to complete, which will mean the initial offer period will need to be extended beyond the original deadline of 31 August, and is now expected to […]
Hermes has appointed two new board members to help support its plans for growth in the home delivery market. Ex-Parcelforce board member Gary Winter has joined the company as sales and marketing director, along with Jane Naumkin as human resources director. Winter has experience of the parcel industry through his previous roles as head of business development at Royal Mail packets and business transformation director at Parcelforce. He has also worked for UK Mail, Pitney Bowes and PFE International and […]
Whistl saw a leap in pre-tax profit in its first full-year results since the MBO that saw it separated from its PostNL origins.
UPS is to build a £120m package sorting and delivery facility at DP World’s London Gateway.