UPS has completed its final delivery to the International Broadcast Centre (IBC) and Main Press Centre (MPC) at the Olympic Park. As a result the equipment for 21,000 media representatives is now all delivered, set up and in place for the start of the Games. The logistics giant has transported 400 tons of television gear, 60,000 items of broadcast equipment and 560,000m of cabling into the IBC, which will be the only facility within the Olympic Park to operate 24 […]
Royal Mail will begin its listing on the London Stock Exchange on 11 October, with the price per share set between 260p and 330p.
UPS has announced it has the funding in place for the acquisition of TNT Express, which was announced on 19 March. The US parcels giant will finance the deal by using €3.7bn of cash from its balance sheet and around €1.46bn via existing credit facilities. Totalling €5.16bn, the original deal reached between UPS and TNT Express was for an all-cash offer of €9.50 per ordinary share for the takeover of the Dutch business. In line with Dutch regulatory requirements, UPS […]
Yodel has suspended one of its couriers after publication of a YouTube video apparently showing one of its team throwing a parcel containing a Tower of London ceramic poppy over a fence.