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 […]
Vehicle transporter Autologic’s shares have today been delisted from the Alternative Investment Market following its takeover by Stobart Group. Stobart Group made its formal £12.4m offer for Autologic in June, having been in talks since May. The ability of Autologic to use Stobart Rail infrastructure to reduce the level of empty running endemic to the car transporter sector, as well as the benefits of access to Stobart’s storage sites, were both cited as reasons why the deal made sense. Stobart […]
Delivery management company Whistl has acquired Devon-based fulfilment and contact centre firm Clientbase for an undisclosed sum.