DPDgroup has increased its majority shareholding in e-commerce delivery company WnDirect to 83%, effectively taking full control of the business. The two companies have been working together for a number of years and said the deal would support international expansion of WnDirect. WnDirect’s services are designed for e-retailers sending goods overseas. Founder and owner Stuart Hill, who remains a shareholder in WnDirect, has retained a critical role in the business, although the head of DPD’s global solution team Simon Batt […]
Eddie Stobart Logistics has seen its group turnover surge by more than a third thanks to a shopping spree that has seen it buy iForce, half of Speedy Freight and The Pallet Network (TPN).
Royal Mail has warned that revenue in its UK parcels business was lower than it anticipated in the last three months due to competition in the market for deliveries.
Recovery from the COVID-19 pandemic could begin as early as next year, with the logistics industry benefitting from new behaviours that could launch an e-commerce boom and more collaborative ways of working forged during the crisis, according to XPO chief executive Bradley Jacobs.