TNT veteran Tony Jakobsen has replaced Stuart Stobie as head of TNT UK and Ireland’s international division, as part of a major management overhaul. Jakobsen’s appointment and Stobie’s departure come as TNT pushes through major change across the business ahead of its purchase by larger US rival FedEx. The acquisition is expected to go ahead next month, subject to EU approval. The management restructuring has already seen a number of top executives leave the UK International division in the past […]
Yusen Logistics is to spend some £9m upgrading its fleet and IT systems after merging its road transport operations with its air and sea freight forwarding businesses last year. Some £7m will be spent on a combination of vehicles and mechanical handling equipment as well as trailers including pillar-less tri-axles with sliding suzies, and its Department for Transport allocation of five 15.65m trailers. The IT investment will see £2.2m spent on infrastructure and its transport management software. MD Ian Veitch, […]
FedEx and TNT are one step closer to their merger after a joint statement from the companies said they did not expect to receive a statement of objections from the European Commission, which might have slowed or even vetoed the deal.
Coca-Cola Enterprises (CCE) has axed its direct-to-store delivery operation, as it looks for a more efficient way to distribute its products.