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 […]
Acumen Automotive Logistics has expanded its operation with the acquisition of J&A Transporters.
APC Overnight boosted its turnover in the year ended 31 March 2016, after it lowered its maximum parcel weight as part of an “important year” of reshaping the business.