Former TNT UK and Ireland managing director Alistair Cochrane is to join Parcelforce Worldwide as operations director on 25 April. Cochrane left TNT in 2014 and served as interim project director at support services company Amey. He was with TNT for almost three decades in a variety of roles, serving as MD for four years before being replaced by Marianne Culver. Gary Simpson, MD at Parcelforce Worldwide, said: “Alistair brings with him a great deal of experience from other high-profile roles […]
Palletline has completed its new-look management team with the appointment of an operations director.
TNT Express chief financial officer Bernard Bot is to step down from his position this year.
UPS has pulled out of its €5.16bn offer for TNT Express – in a deal that would have created a business with a combined annual turnover of £1.3bn in the UK – blaming European Commission (EC) concerns with the acquisition. The proposed merger is expected to be prohibited by the EC, the parcel giants warned in joint statements this morning (14 January). TNT said UPS sees “no realistic prospect” that it will receive EC clearance and will formally terminate the […]