The European Commission has launched what it terms an “in-depth” investigation into the proposed acquisition of TNT Express by FedEx. Announcing the move, the EC said it had “concerns that on a number of European markets for international express and regular small packaged deliveries, the merged entity would face insufficient competitive constraints” if the takeover went ahead. “This could lead to higher prices for business customers and consumers,” it added. FedEx originally announced its intention to take control of TNT […]
CollectPlus has reported record volumes, more than doubling the number of parcels handled last year to 7.7 million, up from 3.3 million the year before.
Motor Transport’s owner Road Transport Media has revealed today (25 May) that it is acquiring Tip-ex, the UK’s only exhibition for the tipper and bulk transport sector. The annual trade show, held in Harrogate, attracts over 70 exhibitors and 2,000 visitors every year and is a major focal point for the construction and bulk transport sector. “Tip-ex serves an extremely important part of the UK road freight industry and we are delighted to have the opportunity to get involved with […]