DHL Express has revealed that it intends to sell its same-day domestic business to technology distributor Rico Logistics later this month, as it continues to focus on the international express market. The firm, which sold its B2C domestic business to form Yodel in 2010, said it has agreed to sell its same-day domestic activities to the £59m a year turnover Rico Logistics on 31 October. DHL said it will continue to offer same day international services, as well as time […]
Hermes chief executive Carole Woodhead has revealed some of its expansion plans for 2014, as it wins a new contract with jewellery retailer Cadenzza.
DHL Supply Chain has opened its expanded capacity warehouse for long-term customer Unilever, marking the end of a 21 month project. The Cannock, Staffordshire, centre has the capacity to house 100,000 pallets and will handle all of Unilever’s homecare and ambient food lines for the UK and Ireland – including brands such as Persil, Marmite and PG Tips. Expanding the Cannock site – designed specifically to bring both product categories under the same roof for combined customer orders- has also […]
City Link’s profit and volumes suffered as it fell victim to lower than expected demand during the Olympic Games. The parcel firm posted a turnover of £76.2m for the three months ending 30 September, a 2.4% increase on the same period in 2011. It is the first time City Link has reported year-on-year growth in the last five years, Managing Director Dave Smith said. It made an adjusted operating loss of £5.5m in the third quarter, a 19.1% rise on […]