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UPS is to invest £120m in the development of its 32,000 m sq parcel delivery facility due to open at DP World London Gateway in Essex by summer 2017.

UPS has submitted plans for a 400,000 sq ft parcel distribution hub at London Gateway Logistics Park in Essex.

UPS, the parcel delivery firm, has acquired a 152,000 sq ft warehouse at the Birch Coppice Business Park near Tamworth.

UPS has acquired Polar Speed, the Bedfordshire-based provider of pharmaceutical supply chain services with 118 vehicles.

UPS is to acquire TNT Express, the express delivery company, for about £4.3bn.

UPS is looking to set up a new freight distribution hub at East Midlands Airport to replace its existing 85,000 sq ft depot.

UPS is expected to create up to 1,000 jobs at a new 335,000 sq ft parcel distribution centre due to open at the Birch Coppice Business Park in Tamworth later this year.

UPS is to set up a financial services subsidiary called UPS Capital Global Trade Finance UK in order to improve the service offered to its logistics customers in Europe.

UPS, the US package deliverer, is to open a customer service telephone centre in Nottingham, creating 300 jobs.