Deutsche Post DHL’s purchase of UK Mail has completed, meaning the postal operator is now fully owned by the German company. DHL announced its intention to buy UK Mail for £242.7m in September, in a bid to offer its domestic customers a stronger cross-border parcel delivery service. Prior to the deal, UK Mail had had a turbulent recent past, after it bought incompatible sortation technology for its new Coventry hub. This resulted in an 80% plunge in pre-tax profit after […]
Having fired the starting gun on the sale of its remaining stake in Royal Mail last week, the government is out of the blocks and has sold 15% of its shareholding to institutional investors.
Yodel has expressed its disappointment at the results of a consumer poll in which it was voted the worst of the major parcel delivery firms in the UK.
Southampton City Council is inviting local operators to run a sustainable distribution centre (SDC) and warehouse that will consolidate local deliveries. The aim is to cut lorry movements and congestion while boosting efficiencies.