TNT Express has taken delivery of 69 Iveco Eurocargos for its multi-drop urban distribution fleet, and will be benchmarking their performance against competitor brands. The 30 Eurocargo E16s and 39 low-height EL18s are the first Ivecos to join the parcel giant’s fleet in several years. They form part of a £12m investment on a bumper order of 300 Euro-5 mid-range trucks for its urban delivery fleet renewal programme. Both models feature an automated EuroTronic transmission as standard, while power is […]
Same-day courier and express freight specialist Speedy Freight, based in Knutsford, Cheshire, was the recipient of the first Network of the Year award at the 12th Transport Awards recently.
UPS has received a statement of objections from the European Commission as part of a competition review of its acquisition of TNT Express. According to UPS the statement of objections addresses the competitive effects of the intended deal on the international express small package market in Europe. It added that UPS and TNT Express would respond to the EC within “a couple of weeks”, but would not elaborate on the nature of the statement of objections as its contents were […]
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 […]