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 […]
Mark Vale has been appointed as the new president of UPS UK, Ireland and Nordics to lead a key growth region for the postal giant.
Hermes is set to roll out an improved delivery window service this year, which will narrow its delivery slots down to just a couple of hours.
Hargreaves Services has said that its transport division saw a 7.6% rise in turnover in the year-ending 31 May, as it benefited from strong dry bulk volumes.