Netherlands-based post and parcel firm PostNL – parent company to TNT Post -has sold part of its stake in TNT Express. The company revealed the sale of half of its share in TNT Express last week. It formerly held around 30% of the business’s outstanding share capital. The sale commenced on Friday (6 December) and will close on Thursday (12 December) and PostNL has valued the sale at €507m, approximately €6.20 per share. PostNL has held a 30% stake in […]
UK Mail will move into its 45,000 ft² extended Slough depot at the beginning of August, almost doubling the space it has in the area.
The Pallet Network has signed Basingstoke-based CWM Transport as its owners look to diversify in the wake of the pandemic.
DPD is to open three new depots in London, Southampton and Dundee to handle the expected increase in parcel volumes this Christmas. The expansion – an investment of £4.3m by DPD – is expected to create 150 new jobs across its new depots at Southwark in London, Hedge End in Southampton and the West Pitkerro industrial site in Dundee. The new £2.3m Hedge End depot is set to replace its existing site at Chandlers Ford and will become fully operational […]