DHL Express completed the sale of its same-day domestic business to Rico Logistics last week. The same-day and parts distribution company said the deal, its first acquisition, has seen its fleet grow to 1,400 vehicles across 35 sites nationwide when the two businesses began to operate together on 1 November. Rico’s director of sales and marketing, Martin Cheeseman, told MT.co.uk: “The investment by TVS has brought about some significant changes to Rico. These changes focus on growing the organisation, both […]
Menzies Distribution has snapped up Inverness-based AJG Parcels in a £7.5m deal that allows it to enter the e-commerce parcel market.
DPD is to increase its nationwide capacity by opening 15 new or upgraded depots by the end of next year, including three that will be double the size of its regular sites.
DHL Express has opened a new service centre in Maidstone, Kent, to manage a 40% increase in export business in the area. The new 24,000ft² centre is predicted to handle 750,000 shipments annually, and will offer international (express parcel) services to and from the UK, including a drop off and collection facility. Phil Couchman, CEO of DHL Express UK and Ireland, says: “This strategic investment in the Maidstone area is reflective of the strength of our growing logistics network in […]