Analysts have said the planned sale of DHL Express’s same-day domestic business will create another major player in the market to compete with CitySprint, and is unlikely to affect DHL’s profitability. Frank Proud, director at Apex Insight said the deal will see Rico Logistics, the company set to buy the business later this month, become a major competitor for CitySprint. “Rico Logistics is joining CitySprint in buying up other operators to build up the scale up their nationwide sameday courier […]
Heathrow-based courier Crossflight has acquired the operations of North London firm DDI Worldwide as part of its expansion strategy. As of today (7 January), Crossflight will run DDI’s express courier, UK overnight and mail services out of its headquarters in Heathrow. Crossflight said the move will be seamless for all of DDI’s customers and the combined company will operate under the Crossflight brand. Crossflight MD Richard Stoughton said: “This important acquisition not only allows us to grow our business further, […]
Parcel carrier CitySprint saw delivery volumes drop in London during the Games. The company, which handles B2B and consumer deliveries, made 75,000 deliveries to London postcodes during the Games. This was a 12% drop in volume compared with the 16 days proceeding the event (23 June to 7 July). Patrick Gallagher, chief executive of CitySprint, suggests the threat of traffic and congestion, as well as more people working from home during the period, likely reduced demand for couriers. However, the […]
The MT team is back in the podcast studio after a summer break, and if you’re ready for a hit of the latest news being dissected and discussed, the latest Motor Transport Podcast will not disappoint.