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. […]
Both DHL and the RHA have urged Grangemouth Refinery owner Ineos, the Unite union and workers at the plant, to swiftly resolve their differences and resume fuel production.
Hundreds of jobs are in danger of being lost as DHL Freight UK gets set to close its business after of a decade of losses.
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).