UPS has placed an order for 10,000 electric delivery vehicles with UK start-up Arrival, to be deployed across its US and European fleets. It has also revealed its venture capital arm, UPS Ventures, has completed an undisclosed ‘minority investment’ in the tech firm. The global parcel giant will work with Arrival to develop a wide range of electric vehicles with Advanced Driver Assistance Systems (ADAS). This technology is designed to boost safety and operating efficiencies, including the potential for automated […]
The European Commission (EC) is to probe potential competition concerns in the small parcels sector, particularly international express services, if UPS’s takeover of TNT Express goes ahead. Dutch-owned TNT Express and US parcel giant UPS are two out of the four ‘integrators’ operating within Europe (integrators are companies that control an air and road small package delivery network throughout Europe and beyond and are capable of offering the broadest portfolio of such services). The other integrators classified by the EC […]
Unite has confirmed that union members at UPS’s Luton depot will hold a demonstration next week, following a number of similar demonstrations throughout July and August.
The European Commission (EC) said the aborted UPS and TNT merger would have increased prices and would not have been challenged enough by other carriers. The regulator officially blocked the merger from taking place on 30 January, claiming it would have restricted competition for express delivery between European countries in 15 nations. It also said that the acquisition would have reduced the number of “significant players” to two in some countries, which it claimed would have “likely harmed customers by […]