TNT Express is still processing parcels manually nearly a month after it was hit by a worldwide cyber attack, and has predicted it may not be able to recover the data lost in the incident. The FedEx-owned operator was hit with the NotPetya encryption virus on 28 June. In a trading update on 17 July, FedEx said the virus hit TNT operations in Ukraine, thought to be the target of the attack, which allowed it to access the business’s data […]
TNT Express’s Caroline Rose was named Woman of the Year at the 2016 FTA Everywoman in Transport and Logistics Awards.
UPS has pulled out of its €5.16bn offer for TNT Express – in a deal that would have created a business with a combined annual turnover of £1.3bn in the UK – blaming European Commission (EC) concerns with the acquisition. The proposed merger is expected to be prohibited by the EC, the parcel giants warned in joint statements this morning (14 January). TNT said UPS sees “no realistic prospect” that it will receive EC clearance and will formally terminate the […]