The TNT Express brand will remain intact following its €4.4bn (£3.4bn) acquisition by FedEx, which was completed this morning. FedEx’s European HQ, FedEx Europe president and newly appointed TNT CEO David Binks said the company planned to “make appropriate use of the excellent TNT brand for the near future”. Binks added: “This is an acquisition that assumes we will grow the business. We will work diligently to avoid any significant reductions, either in the Netherlands or globally.” FedEx first announced […]
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 […]
DX Group sales and marketing director Paul Doble has warned that online retailers are in danger of overwhelming capacity on their distribution networks in the run up to Christmas. Financial services firm Experian has predicted a 36% rise in online retail visits today and Doble said retailers should re-assess their delivery capabilities. Carriers are offering collection two working days before Christmas. TNT Express, DPD, FedEx, Hermes and UK Mail all said that 21 December is the last day they can […]
Hermes has teamed up with ByBox to offer a parcel locker delivery and collection service for SMEs and online retailers.