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 […]
Operators have welcomed the relaunch of Truckpol, the road freight crime intelligence unit that closed after its funding was cut in 2012.
TNT Express has unveiled a strategy to improve its performance and financial results as both group turnover and operating profit continue to decline.
Cabotage regulations are unclear and unenforceable, according to the European Commission (EC).