TNT Express has appointed Tex Gunning as chief executive after former boss Marie-Christine Lombard resigned in September. Subject to shareholder approval, Gunning will take up the position from 1 June. Interim chief executive Bernard Bot will return to his former role as chief financial officer (CFO) and current interim CFO Jeroen Seyger will take up a senior financial position. Gunning, a member of the firm’s supervisory board, also sits on the management board and executive committee at paint supplier AkzoNobel. […]
The European Commission (EC) said the aborted UPS and TNT merger would have increased prices and would not have been challenged enough by other carriers. The regulator officially blocked the merger from taking place on 30 January, claiming it would have restricted competition for express delivery between European countries in 15 nations. It also said that the acquisition would have reduced the number of “significant players” to two in some countries, which it claimed would have “likely harmed customers by […]
Royal Mail is to roll out 1,400 parcel postboxes across the UK in a move to win a greater share of the online shopping market.