UPS expands healthcare capacity in Asia-Pacific
UPS has made a significant expansion to its healthcare supply chain business in the Asia-Pacific region, opening three new facilities.
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TNT Express has “mixed” Q3, awaiting merger clearance
TNT Express saw its underlying business slipping in the third quarter, although favourable currency exchange rates helped elevate the company’s reported revenue and income to a positive result.
Read Moreex-TNT boss Marie-Christine Lombard becomes Geodis CEO
Marie-Christine Lombard, who resigned unexpectedly from TNT Express last month, has been named as the new chief executive officer for French logistics group Geodis.
Read MoreUPS still believes TNT deal will fly “in early 2013”
UPS executives said today that they still expect the EUR 5.16bn acquisition of rivals TNT Express to go ahead early in 2013, despite receiving a Statement of Objections from the European Commission.
Read MorePensions restructuring hits UPS profits in third quarter
UPS has seen its profits for the third quarter of the year slashed in half, as it was handed a $559m charge in restructuring employee pensions in New England.
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