UPS has become the official logistics and shipping sponsor for Ferrari.Fernando Alonso and Felipe Massa will drive the Ferrari F138 bearing the UPS shield in the Formula 1 World Championship during the parcel carrier’s multi-year sponsorship. The logo will also appear on the drivers’ overalls and Ferrari’s transport fleet and trackside equipment. UPS senior vice president, communications and brand management, Christine Owens said: “We are excited to join Ferrari and be a part of their racing organisation. Expanding our involvement […]
Tevva Motors has received a £10m funding injection from India’s Bharat Forge, which it said will boost its global expansion plans and create further jobs at its Chemlsford, Essex plant.
UPS has received a statement of objections from the European Commission as part of a competition review of its acquisition of TNT Express. According to UPS the statement of objections addresses the competitive effects of the intended deal on the international express small package market in Europe. It added that UPS and TNT Express would respond to the EC within “a couple of weeks”, but would not elaborate on the nature of the statement of objections as its contents were […]