10) Humberto Delgado Rosa – Director for adaptation to climate change and low carbon technology, DG Climate Action, European Commission Who we here you say? Delgado Rosa is one of the most influential European policy wonks you will never have heard of. When asking the question: ‘Where next for heavy truck emissions standards post Euro-6’? Everyone agrees it will be carbon rather than NOx and particulate emissions and the way this is implemented will be driven as much by the […]
UPS has pulled out of its multi-billion Euro bid to take over TNT Express, almost a year after it first entered into talks with the parcel firm. It hoped the merger would create a €45bn (£37.4bn) logistics giant, increasing the US firm’s presence in the European market. However on Friday (11 January), the European Commission (EC) told both parties that it planned to prohibit the merger. MT.co.uk looks at how the story developed over the year. The merger process began […]
The RHA has said that compensation in its legal case against the truck manufacturers involved in the price-fixing scandal could yield around £6,000 per truck.
UPS has pulled out of its €5.16bn offer for TNT Express – in a deal that would have created a business with a combined annual turnover of £1.3bn in the UK – blaming European Commission (EC) concerns with the acquisition. The proposed merger is expected to be prohibited by the EC, the parcel giants warned in joint statements this morning (14 January). TNT said UPS sees “no realistic prospect” that it will receive EC clearance and will formally terminate the […]