The European Commission (EC) is to probe potential competition concerns in the small parcels sector, particularly international express services, if UPS’s takeover of TNT Express goes ahead. Dutch-owned TNT Express and US parcel giant UPS are two out of the four ‘integrators’ operating within Europe (integrators are companies that control an air and road small package delivery network throughout Europe and beyond and are capable of offering the broadest portfolio of such services). The other integrators classified by the EC […]
Transport secretary Patrick McLoughlin MP has opened a biomethane refuelling station at UPS’s Tamworth hub.
FedEx’s €4.4bn (£3.4bn) takeover of TNT Express is set to complete later this month, just over a year since the parcel giants announced the deal.
TNT Express and Royal Mail’s international delivery arm GLS are among 20 parcel companies that have been fined by the French competition authority for price fixing between 2004 and 2010.