UPS has extended the offer period for its TNT Express bid until 9th November
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TNT Express has reported a 67.4 per cent rise in operating profit to 77m euros in the second quarter of 2012, on sales up 1.7 per cent to 1.8bn euros
The European Commission has launched an in-depth investigation under the EU Merger Regulation into the proposed acquisition of TNT Express by UPS.
UPS is planning to extend the offer period for its proposal to buy TNT Express beyond 31 August 2012, in accordance with its commitment as set out in the Offer Memorandum
The UK’s rail freight network is to receive millions of pounds of funding from the European Commission’s trans European transport network executive agency
Knights of Old has invested in nine super-trailers, which can carry eight more pallets than a standard trailer. Two of the trailers will be used on its Palletforce operations.
National road transport markets should be opened up further to increase competition, according to report presented to EU vice presdent Siim Kallas today
The European Commission has opened formal anti-trust proceedings against German railway operator Deutsche Bahn
UK freight companies could benefit from 65 million euros of funding, to support the shift of freight transport from roads to more environmentally friendly modes
The German government has demanded that Deutsche Post DHL repay 298 million euros in state aid, following a European Commission ruling in January that the money must be returned
