UPS is buying Irish express delivery and logistics firm Nightline Logistics Group for an undisclosed sum. The US logistics giant said the deal would move the company into a market-leading position in Ireland, giving it the broadest portfolio in the country and the opportunity to expand its B2C and B2B offerings in Ireland. UPS currently provides both small package and supply chain services to customers in Ireland, offering ground, air and ocean freight solutions. It also operates gateway functions at […]
The offer period for the proposed merger of UPS and TNT Express has once again been extended. Following an exemption granted by The Netherlands Authority for the Financial Markets (AFM), the period has been extended until one week after competition clearances have been obtained from regulators, the European Commission and the Chinese Ministry of Commerce. The clearances are not expected to be issued before the end of the current offer period on 9 November. The latest extension will see the […]
UPS is to trial 35 electric trucks across London and Paris, which will be built by UK technology firm Arrival.
The surge of e-retailing is presenting parcel carriers with a conundrum: how do carriers profit from the rapid surge in B2C volumes, while ensuring their networks are able to cope with capacity demands? Hayley Pink reports Peak period capacity is at breaking point, City Link MD David Smith warned an industry conference in June, with the 2012 Christmas period posing a record challenge for carriers and retailers alike. Smith says there has been no new capacity in the industry since […]