More than two weeks of strike action by UPS drivers working on an Argos contract are due to start this month with a long-running pay dispute showing no signs of being resolved. The Unite union warned there would be severe disruption for the retailer if shunter and HGV drivers at the Barton distribution centre stopped working from the 17 December and it urged UPS to table “a sensible offer”. The union said its pay claim submitted in March had been […]
FedEx has made an offer to acquire TNT Express, valuing the business at €4.4bn (£3.2bn), in a deal that both parties describe as having a high level of certainty.
Regulatory approval for the multi-billion euro UPS and TNT Express merger is dependent on whether the new company would be challenged enough by its competitors, the European Commission has said. If the deal is approved, the number of major parcel delivery companies in Europe will be reduced from four to three, which the regulator is concerned will reduce the amount of competitive service customers will have access to. Joaquín Almunia, vice president of the European Commission, responsible for competition policy, […]
Christmas 2012 was another record-breaking year for parcel carriers, with many reporting volumes that made 2011’s peak seem a simple task. With year-on-year volumes rising every Christmas and the online retail boom not showing any signs of slowing down, how are carriers ensuring they are well prepared for 2013’s peak? Retailers again reported record-breaking internet sales over the festive period. Web sales were up 44% for City Link customer John Lewis, and 11% for Hermes customer Next. Debenhams also saw […]