TNT said it is more certain about its future after the collapse of its multi-billion euro acquisition by UPS last week, despite analysts warning that the industry giant needs to “work out what is going on”. UPS pulled the plug on the €5.16bn (£4.31bn) deal after it became clear that the European Commission (EC) would veto the acquisition, which had been bogged down in EC red tape for the past 10 months, due to competition concerns. UPS said it was […]
Parcel delivery service ParcelHero is calling for the continued suspension of the introduction of full customs declarations paperwork and extra customs procedures on parcels being sent from Great Britain to Northern Ireland (NI).
Transportation fuel supplier and distributor Greenergy has bought Barnstaple-based William C. Hockin (Tankers) as part of wider plans to grow its long distance operations.
Norbert Dentressangle’s acquisitions of Christian Salvesen in 2007 and TDG in 2011 made the French group’s UK logistics operation a £1bn a year business, representing almost a third of group turnover, and silencing critics who had questioned the company’s commitment to the UK. […]