Unite has ruled out any further strike action at UPS’s London depot for the remainder of the year. The union, whose members staged a walkout last month at the Camden site, had been threatening to strike this Friday (20 December) over the dismissal of a Unite shop steward. However, in a statement today the union said it had agreed to further talks. Unite regional officer Onay Kasab said: “After the management agreed to reinstate our shop steward, who, in our […]
TNT Express saw a 13% drop in EMEA operating profit in the third quarter, despite a 3,2% turnover rise, due to “challenging trading conditions in Europe”. The parcel firm, which last week received a statement of objections from the European Commission ahead of its acquisition by UPS, did not perform as well in its EMEA operations as it had during the same period in 2011, its Q3 trading results revealed. Reported operating profit margins fell from 6.4% in Q3 2011 […]
UPS expects minimal disruption from today’s (22 November) strike at its Camden depot in London, and remains confident an agreement can be reached with Unite.