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. […]
Motor Transport has partnered with TfL, DHL and Route Monkey to launch a global summit to enable quieter deliveries of freight in urban environments.
Clipper Logistics has bought warehouse and distribution business Tesam Distribution for £11m.
Rico Logistics has told MotorTransport.co.uk that further acquisitions are on the cards, after its integration of the DHL Express Same-Day courier business it bought last November.