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 […]
Royal Mail Group has warned of overcapacity in the parcel market, which is leading to downward pressure on pricing, despite it handling over one billion items in a financial year for the first time.
It’s been a dramatic year in home delivery. ArrowXL was forced to watch one of its key hubs burn to the ground, and DX Group lost its senior leadership team after years of unrest and financial turbulence. To recap what’s happened in the sector in 2017 here’s a look back at it, neatly boxed up for you.