TNT Express chief executive resigns

2015 saw some shocks in the market; FedEx bidding for TNT Express; XPO Logistics buying Norbert Dentressangle and BCA Marketplace buying Eddie Stobart’s automotive business. But they weren’t the only acquisitions in a year packed with M&A activity. We take a look at some of the deals that changed the industry.

TNT Express is to restructure its finance and admin functions in a move that will see it cut 237 data entry, administrative, supervisory and clerical roles.

Parcels firm UPS has said it can not comment further on an investigation into the discovery of more than £1.6m worth of cannabis (pictured), amphetamines and ecstasy at a parcels depot in Tamworth in December.