Deutsche Post DHL has reached an agreement to buy UK Mail, in a deal that values the delivery company at £242.7m. DHL said the cash offer is part of an ongoing expansion of its European parcel network, designed to meet demand for more cross-border deliveries from its customers. The acquisition comes after a turbulent couple of years for UK Mail, which saw the installation of incompatible sortation technology at a new site and its profit slashed 80% in the immediate fallout. […]
Palletways is to launch services in the Czech Republic and Slovakia next month, a move that expands its services across 13 countries on the Continent.
DHL Supply Chain is set to create over 100 transport and warehousing jobs after extending its contract with bathroom retailer Bathstore for another five years.