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 […]
WH Bowker has bought the warehousing and transport operations at five sites belonging to Potter Logistics for an undisclosed sum.
Unite has confirmed that union members at UPS’s Luton depot will hold a demonstration next week, following a number of similar demonstrations throughout July and August.