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 […]
TNT Express has extended its delivery before noon service to more locations across Europe, including the UK.
UK Mail Group has made a “satisfactory” start to its financial year, with revenue up by 13% compared with the same period last year, or by 10% if excluding Royal Mail price hikes implemented on 2 April. First-quarter results, for the period 1 April to 10 July, show mixed fortunes across the group’s four divisions – parcels, mail, courier and pallets – with tight cost control remaining a key focus across the board. The parcels business showed good growth in […]
DPD is to begin delivering parcels seven days a week to meet demand from e-commerce customers.