The European Commission’s decision to prevent UPS from acquiring TNT Express “risks reducing competition, not increasing it”, an analyst at Transport Intelligence said. UPS has now pulled out of its multi-billion Euro plans to take over TNT Express, which the logistics analyst believes highlights the scale of the challenges the US parcel carrier faced in regard to meeting the regulatory requirements. Transport Intelligence head of consultancy Joel Ray said: “Their decision making process looks flawed, caused by a fundamental lack of […]
Hermes is investing £25m in a new Warrington hub, almost tripling capacity in the area to support volume growth.
Both DPD UK and UPS (via Cross River Partnership) provided delegates at Freight in the City 2018 with more details on their respective electric-powered urban distribution operations in the capital.