TNT Express chief executive resigns

TNT Express has revealed a profit improvement plan between now and 2015 to “create a more focused, efficient and profitable TNT Express”.

Royal Mail has won two new contracts with British Gas, delivering mail to customers and parts and equipment to engineers.

UPS has received a statement of objections from the European Commission as part of a competition review of its acquisition of TNT Express. According to UPS the statement of objections addresses the competitive effects of the intended deal on the international express small package market in Europe. It added that UPS and TNT Express would respond to the EC within “a couple of weeks”, but would not elaborate on the nature of the statement of objections as its contents were […]