Mark Vale has been appointed as the new president of UPS UK, Ireland and Nordics to lead a key growth region for the postal giant. He will be responsible for all UPS operations in seven countries and more than 11,000 employees. “We are investing in our network in Europe, including the UK, Ireland and the Nordics,” said Lou Rivieccio, president, UPS Europe. “And this includes making sure that the network has the right leadership.” He added: “Mark brings a global […]
UPS has acquired temperature-controlled operator Polar Speed for an undisclosed sum.
The European Commission’s decision to prevent UPS from acquiring TNT Express “risks reducing competition, not increasing it”, an analyst at Transport Intelligence said. UPS has now pulled out of its multi-billion Euro plans to take over TNT Express, which the logistics analyst believes highlights the scale of the challenges the US parcel carrier faced in regard to meeting the regulatory requirements. Transport Intelligence head of consultancy Joel Ray said: “Their decision making process looks flawed, caused by a fundamental lack of […]
UPS has opened a new contract logistics centre in North Warwickshire to meet growing demand from its retail and technology customers.