Former Scarlet Couriers founder Jon Barber has launched a new logistics firm after the Thames Valley courier company was sold to CitySprint earlier this year. The new firm, called ‘Delivered’, will provide nationwide parcel and pallet delivery as well as international delivery and warehousing from its depots in Slough, Reading and High Wycombe. Delivered already provides services to the likes of Nintendo, LG, Fiat, Lego and Panasonic. Delivered will continue the overnight parcel and pallet services previously carried out by […]
Private equity firm Lloyds Development Capital (LDC) has bought an undisclosed stake in CitySprint in a deal which values the same-day courier at £175m.
Thames Valley parcel firm Delivered is expanding its truck and van fleet after seeing an increase in volumes just a few months after its launch.
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.