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. […]
Retail deliveries for same day courier CitySprint doubled over the Christmas peak, in comparison to 2011’s figures. The firm handled over a quarter of a million retail deliveries during December, its busiest Christmas peak to date, experiencing its largest volumes on Thursday 18 December. Chief executive Patrick Gallagher said home retail delivery order volumes were maintained up until Christmas Eve, showing that last minute Christmas shopping was not confined to the high street. It recruited an additional 300 couriers to […]
CitySprint has snapped-up two more courier firms as it continues its strategy of growing through acquisition.
The government has been forced to clarify the level of import tariffs to be placed on new trucks in the event of a no-deal Brexit after a document revealed it has been hiked from a promised 10% to 16%.