US giant Fed-Ex Corp has been tipped to buy a stake in Hermes’ European parcel delivery operation whilst private equity house Advent International is in the frame to become a major investor in Hermes’ UK operation. The claims, made by German newspaper Handelsblatt, follow a recent announcement by Hermes owner Otto Group that it is in advanced discussions with a large strategic investor. Alexander Birken, Otto Group chief executive, said last week: “We are well advanced in discussions with potential […]
UPS has launched a new click and collect service across 600 locations in the UK.
The Speedy Freight Glasgow franchise has played a key role in delivering over a million consignments of both medical and consumer goods since the pandemic lockdown began in March.
Amazon is to create 1,500 jobs with a new fulfilment centre in Essex next year, announced just a week after it revealed plans for its new Doncaster warehouse.