The European Parliament (EP) voted yesterday (15 April) to approve European Commission (EC) proposals to allow more aerodynamic, safer truck designs. Originally tabled in April 2013, the draft regulations will allow manufacturers to exceed current weights and dimensions rules in order to develop more aerodynamic lorries, which the EP said will reduce fuel consumption by 7% to 10%, cut emissions of greenhouse gases and make trucks safer for vulnerable road users. The proposals will allow cabs with a rounded shape […]
The European Commission has launched what it terms an “in-depth” investigation into the proposed acquisition of TNT Express by FedEx.
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 […]