UPS has opened a new contract logistics centre in North Warwickshire to meet growing demand from its retail and technology customers. The new hub centre provides an extra 13,000m2 of warehousing space to UPS’s contract logistics operation. With close proximity to the firm’s parcel sortation hub at Birch Coppice Business Park and East Midlands Airport hub, UPS said it is well connected to its global supply chain. Derek Irving, director of UPS Contract Logistics UK, said: “We continue to expand […]
UPS has opened a new sorting and delivery site at DP London Gateway.
Steve Porter Transport Group has signed a new five-year deal with Red Funnel, which will see it remain the ferry operator’s preferred freight partner.
UPS is due to formally submit its €9.50 per share cash offer for Dutch-owned parcels firm TNT Express tomorrow. The offer has been recommended to shareholders by TNT’s board, with majority shareholder PostNL, which holds nearly 30% of all shares, agreeing to sell its stake under the offer. If agreed, the transaction will create a global logistics firm that generates €45bn revenue per year, with UPS benefitting from an increased presence in Europe, while TNT’s customers will gain access to […]