Menzies Distribution has snapped up Inverness-based AJG Parcels in a £7.5m deal that allows it to enter the e-commerce parcel market. The logistics firm said the purchase would also help it appeal to companies seeking cost-efficient deliveries to the North and rural West of Scotland. According to Menzies, AJG Parcels began 20 years ago and now employs 140 staff making around 9,000 deliveries and 800 pick-ups every day. It said the acquisition would “unlock the potential of the business in […]
FedEx’s €4.4bn (£3.4bn) takeover of TNT Express is set to complete later this month, just over a year since the parcel giants announced the deal.
ByBox has secured a partnership with Big Yellow Self Storage, as part of a £2m investment to expand its network of parcel locker boxes across the UK. Nine new ByBox locker terminals have already been rolled out at Big Yellow’s sites in Camberly, Hounslow, West Norwood, North Kensington, Battersea, Birmingham, Fulham, Sutton and Watford with further locations in the pipeline. Launched in 2010, ByBox operates a network of secure locker terminals at 400 locations in retail parks, supermarkets, shopping centres, […]