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 […]
US giant Fed-Ex Corp has been tipped to buy a stake in Hermes’ European parcel delivery operation whilst private equity house Advent International is in the frame to become a major investor in Hermes’ UK operation.
Courier franchise network Diamond Logistics opened four new depots last month as it continues with ambitions to operate over 30 sites by the end of 2015.