UPS has pulled out of its multi-billion Euro bid to take over TNT Express, almost a year after it first entered into talks with the parcel firm. It hoped the merger would create a €45bn (£37.4bn) logistics giant, increasing the US firm’s presence in the European market. However on Friday (11 January), the European Commission (EC) told both parties that it planned to prohibit the merger. MT.co.uk looks at how the story developed over the year. The merger process began […]
George Willis has replaced Cindy Miller as MD of UPS UK, Ireland & Nordics, following Miller’s promotion to president of UPS Europe, Middle East and Africa earlier this year.
German rail and logistics giant DB Schenker Logistics has purchased Redhead International
Claims that the UK supply chain is “in danger of collapsing” as a result of delivery failures and delays caused by migrants attempting to stow away in vehicles passing through Calais are “an exaggeration”, according to the Food Storage & Distribution Federation (FSDF).