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 […]
More than half of all parcels sent in the post and via couriers this week are unwanted Christmas gifts, creating a “tsunami of returns” according to ParcelHero.
UK Mail has launched an international parcel delivery service via its SME-targeted ‘ipostparcels’ brand.
The European Commission’s decision to prevent UPS from acquiring TNT Express “risks reducing competition, not increasing it”, an analyst at Transport Intelligence said. UPS has now pulled out of its multi-billion Euro plans to take over TNT Express, which the logistics analyst believes highlights the scale of the challenges the US parcel carrier faced in regard to meeting the regulatory requirements. Transport Intelligence head of consultancy Joel Ray said: “Their decision making process looks flawed, caused by a fundamental lack of […]