DHL Express completed the sale of its same-day domestic business to Rico Logistics last week. The same-day and parts distribution company said the deal, its first acquisition, has seen its fleet grow to 1,400 vehicles across 35 sites nationwide when the two businesses began to operate together on 1 November. Rico’s director of sales and marketing, Martin Cheeseman, told MT.co.uk: “The investment by TVS has brought about some significant changes to Rico. These changes focus on growing the organisation, both […]
UK Mail has opened a new depot in Middleton, Greater Manchester, in response to growing demand from both B2B and B2C parcel customers.
Supermarket chain Tesco has appointed former Exel Logistics chief John Allan as its new chairman.
Royal Mail Group has warned of overcapacity in the parcel market, which is leading to downward pressure on pricing, despite it handling over one billion items in a financial year for the first time.