EU regulators recently approved FedEx’s acquisition of TNT after considering restrictions to ensure competitiveness in the market just a month earlier. If any customers or competitors are thinking of filing objections, they should be reminded that there would be no sound basis for any such move.
The latest news from the parcel and package industry, covering major parcel shippers, demand, economics and more.
News & Analysis
06 Nov 2015
Nippon Express Co., Japan’s largest international freight forwarder, saw its group net profit decline in the fiscal first half on the back of sluggish revenue growth and extraordinary charges.
26 Oct 2015
TNT Express, the Dutch parcel delivery company being acquired by its larger U.S. rival FedEx, almost halved its third-quarter operating loss but remained under pressure from economic volatility in Australia, Brazil and China.
23 Oct 2015
Union pilots at UPS authorized a strike if their leaders fail to wrest concessions in contract talks, but any labor action would face major obstacles and delays.
23 Oct 2015
Blue Dart Express, India’s leading express air and logistics service provider, posted a 74.5 percent jump in net earnings in the second fiscal quarter, as operating revenue grew robustly, helped by lower fuel costs and new business strategies.
21 Oct 2015
European Union antitrust regulators will not challenge FedEx’s 4.4 billion euros ($5 billion) acquisition of TNT Express, the companies said.
12 Oct 2015
The world's second-largest transport operator is adding more than 41,000 postal codes to its international guaranteed package service, expanding its delivery footprint in Asia and other regions.
05 Oct 2015
TNT Express said its third-quarter operating profit will be “materially lower” than last year due to economic volatility in China, Brazil and Australia.
23 Sep 2015
The U.S. arm of the global package express carrier is buying 45 electric cargo vans as part of a broader initiative to run more "clean" vehicles. Overall, corporate sustainability targets are powering interest in electrics.
23 Sep 2015
TNT Express has launched a road service connecting Georgia to Moscow in a bid to cut up to 48 hours of transit time for shippers using the company’s European road transit service to reach the Russian capital.
21 Sep 2015
The express parcels industry is coming under pressure “as never before” as e-retailing, technological disruption and macro-economic upheaval drive fundamental changes in the market, according to a leading logistics consultancy.