The European Commission has handed out EUR 169m in fines to 14 international freight forwarders – including UPS, Kuehne + Nagel and Deutsche Bahn – for running a series of “price-fixing” cartels.
Read MoreRounding up the biggest stories of the week in the mail and express industry, as drawn from the pages of Post&Parcel…
Read MoreInternational union groups are calling on UPS to get round the negotiating table to discuss the rights of its workers around the world regarding its merger with TNT Express.
Read MoreUPS is predicting it will need to invest one billion dollars in integrating the global network of TNT Express into its own operations.
Read MoreTNT Express has agreed to a deal for its acquisition by UPS, after the US parcel delivery giant offered an increased offer valuing the company at about EUR 5.16bn ($6.77bn USD).
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