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 […]
Hermes has invested in 100 new vehicles as part of a fleet replacement programme, which will also assist it with additional parcel volumes. The parcels firm has made a multi-million pound investment in 86 vans, a mix of 7.5-tonne, 12-tonne and 18-tonne vehicles, which will be used for radial depot work. It has also added 14 tractor units to its trunking operation, collecting from customers and distributing to its hub and depot network. All the new vehicles have automatic gearboxes […]
Panther Warehousing has acquired West Yorkshire-based two-man delivery company Hi-Way Express Home Delivery for an undisclosed sum.
UPS is boosting the number of electric vehicles it runs from its central London depot from 65 to 170, after installing technology that marks the beginning of the end for the combustion engine.