UPS and TNT Express have submitted remedies to the European Commission to address its competition concerns, extending the review period further. The submission extends the EC’s review period by 15 business days to 5 February 2013. The proposed remedies involve the sale of the business activities and its assets. UPS needs to ensure the long-term viability of these activities and the continuity of service already provided by TNT Express. In order to receive approval, the EC will market-test the remedies. […]
UK Mail has won a distribution contract with Shropshire-based bird food provider CJ WildBird Foods. The contract, which was effective from July, will see the parcel carrier collect from the wildlife feed retailer every day and deliver its products throughout the UK and Ireland. The retailer switched its distribution contract after reviewing the service it received from its previous carrier. Group commercial manager Linda Hanks said it chose UK Mail due to its quote on price and service and said […]
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.
City Link appointed administrators on Christmas Eve, temporarily suspending all operations over Christmas, citing continued “substantial losses over several years” and admitted it would be unable to accept new parcels due to the further losses it would incur.