Nightline’s CEO has said the introduction of a postcode system in the Republic of Ireland will reduce costs and improve efficiency when delivering to customers. John Tuohy said that the planned postcode system will improve route planning and will allow it to automate parcel sorting, much of which is currently done manually. The parcel carrier was also involved in the government’s consultation for the system, which is scheduled to be introduced by spring 2015. “We’re delighted with the progress,” Tuohy […]
TNT Express has admitted that it is unlikely to hit its profit improvement target for 2015, following an increase in competitive pressures and poor trading conditions in Europe.
The offer period for the proposed merger of UPS and TNT Express has once again been extended. Following an exemption granted by The Netherlands Authority for the Financial Markets (AFM), the period has been extended until one week after competition clearances have been obtained from regulators, the European Commission and the Chinese Ministry of Commerce. The clearances are not expected to be issued before the end of the current offer period on 9 November. The latest extension will see the […]
Last month MT exclusively revealed that Yodel chief executive Jonathan Smith is to leave the parcels firm after two years in charge of the combined DHL Express Domestic UK and HDNL (not to mention 18 months in charge of the DHL business alone). Smith’s CV shows more than 20 years’ experience in parcels, including a spell as chief executive of City Link – before its problematic take-over of Target Express – and a regional director role at British Rail’s parcels […]