Independent parcel delivery network APC Overnight has announced an ownership restructure aimed at significantly expanding its existing share base. The move has been facilitated by investment from Barclays and will look to drive growth and service enhancements to APC’s SME customers. The company said the restructure would see it embrace one of its founding principles whereby every depot has the opportunity to own a part of the company. The restructure also allows employees of the company to become shareholders. APC […]
Bridgetime Transport, part of The APC network, has opened a new operational parcel depot in Cwmbran.
TNT Express has confirmed that the European Commission has temporarily suspended a merger bid with rival postal company UPS. Despite the delay, which will allow the EU regulator to compile more information, TNT Express say that they “would still anticipate a closing in the fourth quarter.” A spokesman for TNT Express tells MT.co.uk: “We have been notified of what is expected to be a temporary delay in the European Commission’s review process. Suspensions are not uncommon, it’s the result of […]
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.