TNT Express has confirmed that the European Commission has temporarily suspended a merger bid with rival postal company UPS. Despite the delay, which will allow the EU regulator to compile more information, TNT Express say that they “would still anticipate a closing in the fourth quarter.” A spokesman for TNT Express tells MT.co.uk: “We have been notified of what is expected to be a temporary delay in the European Commission’s review process. Suspensions are not uncommon, it’s the result of […]
Unite “surprised” by XPO takeover of Kuehne + Nagel UK logistics portfolio and demands workers’ pay and conditions are unaffected
The transfer of 6,000 Kuehne + Nagel workers to XPO Logistics came as a surprise to the Unite union, but it said it would work to ensure their pay and conditions remained unaffected.
MT Top 100 company Seafield Logistics has been placed into administration.
Simon Gibson Transport enjoyed what it described as an “excellent trading year” in 2015, shortly before it was sold to GCA Europe SA.