UPS has opened a new sorting and delivery site at DP London Gateway. The £120m site will create around 500 new jobs, and is thought to be one of the parcel carrier’s largest infrastructure projects outside of the US. The sortation facility contains more than four miles of conveyer belts and has the capacity to process more than 28,000 packages an hour. The site forms part of a Europe-wide infrastructure boost from UPS, which is spending $2bn (£1.5bn) on its […]
UPS has made an eleventh-hour offer to prevent strike action by 50 drivers which could cause major disruption to Argos deliveries in the run up to Christmas..
The transport and logistics sector is set for a flurry of mergers and acquisitions this year, according to advisory firm KPMG, following a year of subdued activity in 2011. Steffen Wagner, European head of transport transactions at KPMG, says: “This year certainly took off to a promising start. Many companies, particularly in the logistics segment, are sitting on full coffers and are ready for increased strategic acquisitions.” He adds that any activity will rely on three main factors: GDP development […]