FedEx said it “remains confident” about its proposed takeover of TNT Express despite the European Commission launching what it termed an “in-depth investigation” into the planned acquisition. The Commission said: “The EC is concerned that on a number of European markets for international express and regular small package 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 stressed the merger would leave just […]
Whistl has brought in former TNT MD Alistair Cochrane as it ramps up its presence in the parcel delivery sector.
The integration of Stobart Automotive and Paragon Automotive at BCA Marketplace as its Automotive Services division is “progressing well” after seeing major increases in turnover and EBITDA in the first half of its financial year.
The COVID-19 pandemic is a “huge wake-up call” for the transport and logistics sector and will provide the catalyst for automation, putting many jobs at risk.