The Office of Fair Trading (OFT) has confirmed it is still investigating two further alleged infringements of competition law, as part of the investigation it began in 2010 into Mercedes-Benz UK and five of its commercial vehicle dealers. Last week the OFT revealed it had reached a settlement with Mercedes-Benz and four of its CV dealers – Blackburn-based Ciceley Commercials, Warrington-based Enza Motors, Liverpool-based Road Range and Bradford-based Northside Truck and Van – after they admitted infringing competition law. Mercedez-Benz, […]
Ofcom has said it does not see competition from final-mile delivery firms as a threat to Royal Mail’s ability to continue to provide a universal postal service.
Kuehne + Nagel’s road and rail logistics division saw volumes fall in the third quarter due to seasonality and the tough economic conditions affecting Europe, dragging down its nine month performance. It meant EBITDA was 9.6% down on the same period of last year for the first nine months of 2012 at CHF 28m (£18.7m). Despite this, invoiced turnover increased 6.9% to CHF 235m. EBITDA within its contract logistics division in the nine-month period was flat year-on-year at CHF 115m, […]