The European Commission last week revealed the nature of its concerns during review of the aborted UPS/TNT merger. The review focused on “integrators”- parcel firms which operate incorporated international air and road transport networks – and the names La Poste and DPD cropped up…
Following the successful engagement Transport for London (TfL) had with the road transport industry in the build up to, and during, the Olympic Games, it’s satisfying to hear that TfL has set up a new, free-standing Freight Delivery Unit.
Last month, Tilbury-based The Logistics Terminal (TLT) said it had seen a 100% increase in its port-centric throughput in a year, processing an average of 160 containers per week. Although this is a huge increase in volumes for an operation that only began in January 2011,The Hub estimates that this figure amounts to 8,320 containers per year, only a small proportion of the total 314,000 containers that passed through the port 2011.
Since the multi-billion Euro UPS/TNT deal was stalled by the European Commission last month, questions surrounding what the companies plan to do next have been raised. The EC’s decision has made approval for UPS to take over another carrier look unlikely and analysts say the year-long deal has been a distraction for TNT’s management. So where do they go from here?
So, who is really in charge of Stobart Group? On Monday 21 January the answer to that question was suddenly not so simple. Andrew Tinkler and William Stobart have driven the company since their holding company, WA Developments International, acquired Eddie Stobart in 2004 – and subsequently reverse merged with WA Developments in 2007 – creating the LSE-listed company we know today.