Browsing: Express & e-delivery

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

DHL Express has opened its £113 million ($175 million) North Asia hub in Pudong, China, and plans to invest a further £86 million ($132 million) to add eight dedicated aircraft for its high demand routes between Shanghai and North Asia, Europe and the US

The past few weeks have seen some significant developments in the express parcels market, with takeovers and mergers the order of the day…

City Link’s performance improved during the first quarter, according to the latest trading statement from parent Rentokil Initial, but so the operating loss also rose

TNT Express moved back into profit in the first quarter with an operating income of 37m euros compared to a loss of 79m euros in the first quarter of last year