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. Frank Proud, director at Apex Insight said the deal will see Rico Logistics, the company set to buy the business later this month, become a major competitor for CitySprint. “Rico Logistics is joining CitySprint in buying up other operators to build up the scale up their nationwide sameday courier […]
The Pallet Network (TPN) continued to thrive in its first full year after being acquired by Eddie Stobart Logistics (ESL), according to its latest annual results.
The acquisition of ARR Craib helped boost Gregory Distribution Holdings profits last year and offset the impact of a bad debt acquired after a major customer went bust.
DHL Express has upgraded and expanded all but 10 of its 38 UK service centres, with the most recent site opening in Park Royal, north west London, last week.