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 […]
Throughout the year The Hub – Motortransport.co.uk’s business blog – has brought you the real stories behind the headlines. So, without further ceremony, here are some of the many highlights of the year.
Pall-Ex has said it is “saddened” by the UK’s decision to leave the European Union and reiterated its warning that the forthcoming Brexit will “deeply” affect the supply chain.
George Willis has replaced Cindy Miller as MD of UPS UK, Ireland & Nordics, following Miller’s promotion to president of UPS Europe, Middle East and Africa earlier this year.