Rentokil Initial has sold City Link to turnaround investment firm Better Capital. City Link MD Dave Smith will continue to lead the company through its transformation programme, under the deal, which will see Better Capital invest in the parcel carrier. The change of ownership, which is effective as of today (29 April), will secure £40m in future funding for City Link. MD Dave Smith said: “This is great news for our customers and our colleagues. We will all benefit from […]
March 4, 2015 Ashleigh Wight
Global Freight Solutions (GFS) processed more than 10 million parcels last year as the popularity of online shopping continued to grow.
May 2, 2014 Ashleigh Wight
DPD is to begin delivering parcels seven days a week to meet demand from e-commerce customers.