DX Group PLC on Thursday said it has agreed to a cash takeover offer from funds managed by HIG Capital LLC and advised by HIG European Capital Partners LLC, reports Alliance News.
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Pitney Bowes has announced ways it is strengthening its domestic parcels network and service.
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Poland’s postal service, Poczta Polska, is set to launch a hi-tech logistics complex near Warsaw, reports Polskie Radio.
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Alibaba Group said it would pay its first-ever dividend of $2.5 billion and reported a solid set of second-quarter results.
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International Distributions Services has released it results for the half year ended 24 Sept 23.
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Austrian Post’s newly built parcel logistics centre in Vienna-Inzersdorf is ramping up for Peak.
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2023 will be remembered as the year where Artificial intelligence (AI) went massively mainstream, with chatbot interfaces powered by Large Language Models (LLMs) such as ChatGPT capturing the public imagination and attracting massive attention in the world of business. Doddle’s Chief Strategy Officer Bob Griffiths, discusses the potential impact of AI on the sector.
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An Post yesterday repaid in full and on schedule a €30m loan advanced by Government in 2017 to support the first phase of the Company’s transformation.
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