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 […]
UPS is set to acquire TNT Express NV in a deal that will create a €45bn (£37.4bn) global logistics firm. The deal values the Dutch firm at approximately €5.16bn, following its increased offer of €9.50 per ordinary share. UPS says that in acquiring TNT it will fulfill its long-standing aim to expand its European operations. According to the Motor Transport Top 100 the combined business will generate a UK turnover of approximately£1.3bn – placing it level with Wincanton as the […]
TNT Express has extended its delivery before noon service to more locations across Europe, including the UK.
This year has seen many companies in the parcels sector thrive as carriers move record volumes and consumers continue to do more of their shopping online. But while this has encouraged some parcel carriers to invest heavily in their networks and offer more services to their customers, 2013 has also bought with it more challenges for many operators who have struggled to keep apace with the rapidly changing industry. Motortransport.co.uk has compiled a list of the biggest stories in that […]