FedEx’s €4.4bn (£3.4bn) takeover of TNT Express is set to complete later this month, just over a year since the parcel giants announced the deal. In a joint statement today, the businesses said 88.4% of TNT Express’s shares had been tendered during the acceptance period that ended on 13 May. FedEx will pay the offer price on 25 May. FedEx said shareholders who have not yet tendered their shares will have the opportunity to in a post-closing acceptance period, which will […]
Pall-Ex has opened a 210,000sq ft hub on the same site as its newly acquired Fortec distribution facility, in order to accommodate rocketing freight volumes.
Delivery management company Whistl has acquired Devon-based fulfilment and contact centre firm Clientbase for an undisclosed sum.