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 […]
The MD of Bishopsgate, a two-man delivery and installation firm, has described the purchase of Allport Cargo Services’ Specialist Services division in June as “a massive step” forward for the business.
Commercial vehicle rental company Fraikin has made its biggest annual purchase of rental vehicles in a decade, with a three-phase order plan worth £13m for 2015 already underway.
Palletways and TNT Express have won two separate European distribution contracts with Yankee Candle.