The TNT shareholders have between Monday and 30 October to accept the proposed acquisition offer from FedEx. A joint statement from the two companies said the deal will be discussed with shareholders at a meeting on 5 October. The offer made to shareholders is a public cash offer, priced at €8 (£5.77) per ordinary share, providing at least 95% of shareholders vote in favour of the deal. However that figure will be reduced to 80% if shareholders vote in favour […]
Europa Road has signed a groupage partnership deal with Belgium company Transuniverse Forwarding to help UK and European traders overcome trading obstacles created by the UK’s departure from the EU.
Cris Stephenson has taken on the role of UK MD at Pall-Ex, succeeding Adrian Russell who becomes group MD, and assumes exclusive responsibility for the pallet network’s European operations.
The Freight Transport Association (FTA) has welcomed a call by the European Commission for France and the UK to address the issue of excessive Channel tunnel rail freight charges.