Deutsche Post DHL has reached an agreement to buy UK Mail, in a deal that values the delivery company at £242.7m. DHL said the cash offer is part of an ongoing expansion of its European parcel network, designed to meet demand for more cross-border deliveries from its customers. The acquisition comes after a turbulent couple of years for UK Mail, which saw the installation of incompatible sortation technology at a new site and its profit slashed 80% in the immediate fallout. […]
In an analysis of mergers and acquisitions in the global transport sector early this year, KPMG predicted activity would remain high in 2016 – and their forecast has proven to be spot on.
Wolverhampton-based pallet network Pallet-Track has said its new international service in partnership with Hellmann Worldwide Logistics UK will begin operating next Monday (13 April).
The pay logistics firms award agency staff has been brought into sharp focus after the GMB launched a legal claim against four companies involved in the operation of Marks & Spencer’s DC in South Marston, Swindon.