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 […]
Parcelforce Worldwide is to invest £75m in its network and hubs over the next four years, creating 1,000 new jobs. The investment, which is part of parent company Royal Mail Group’s strategy to expand its express parcel business in the UK and internationally, will also see the opening of a new parcel processing centre in Chorley, Lancashire, as well as two additional depots in Cornwall and Hampshire. There are also plans for nine of its 53 existing depots across the […]
Irish parcel carrier Nightline has said it expects to move 50% more parcels this Christmas than last year, despite a slow start to the season.
UPS has rolled out 15 range-extended electric vehicles (REEVs) in Birmingham and Southampton to overcome the range limitations it said pure electric delivery vehicles can face reaching depots or warehouses based outside the city centre.