TNT UK has appointed ex-City Link finance director Robert Peto to its board. He replaces John Downing, the company’s financial director. Peto had been with City Link since 2011 until its demise last year. Before that he was financial director at Parcelforce and has also served in a financial role at DPD and Interlink parent GeoPost. Peto was appointed to the TNT UK board earlier this month, following the appointment of Marianne Culver as its new MD. Culver, who joined […]
The European Commission (EC) said the aborted UPS and TNT merger would have increased prices and would not have been challenged enough by other carriers. The regulator officially blocked the merger from taking place on 30 January, claiming it would have restricted competition for express delivery between European countries in 15 nations. It also said that the acquisition would have reduced the number of “significant players” to two in some countries, which it claimed would have “likely harmed customers by […]
Ofcom has announced a “fundamental review” into the regulation of Royal Mail, after the withdrawal of Whistl’s final mile delivery service left it without a major competitor in the postal market.
Up to 130 jobs may be affected at TNT Fashion Group UK as a result of plans to integrate elements of its dedicated supply chain operations within the wider TNT Express network.