Chinese e-commerce giant Alibaba has agreed to invest 4.66 billion yuan (approximately 693 million U.S. dollars) in exchange for around 14.6 % equity stake in Shanghai-based courier firm STO Express.
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Wincanton has won a new, five-year deal with Aggregate Industries (AI) for the distribution of concrete products from the majority of its UK manufacturing sites.
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Global provider of transportation and logistics solutions XPO Logistics, Inc., has launched XPO Connect in Europe.
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China Post and Deppon Express have begun autonomous package delivery services with the first self-driving vehicles to be put into daily commercial use in China.
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The U.S. Postal Service’s commercial spending reportedly grew to $15.9 billion in fiscal 2018 from $15 billion in fiscal 2017, Bloomberg Government’s USPS Contracts Dashboard shows.
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Deutsche Post DHL Group says it has taken “steps to future proof” the Post and Parcel business.
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Office Depot and Alibaba.com have announced a strategic collaboration that is intended to change how U.S. small businesses operate, the companies said.
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UK parcel delivery service DPD has announced a third all-electric depot in Park Lane and more electric vehicles on order.
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