Latest News
The latest news, analysis and data from Post&Parcel.
Deliveroo has announced that Amazon is leading a new $575 million Series G preferred shared funding round, alongside existing investors T. Rowe Price, Fidelity Management and Research Company, and Greenoaks.
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Royal Mail’s Quality of Service report for the financial year 2018-2019, published today, reveals it has exceeded its regulatory Second Class mail target of 98.5 per cent, with 98.6 per cent of this mail delivered within three working days.
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Austrian Post Group has announced its first quarter results. The company’s revenue amounted to EUR 492.5 million, a slight increase of 0.4% year-on-year.
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Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Core Transport Technologies NZ Limited (CORE), an electronic transportation network that provides global air carriers and ground handlers with shipment scanning and tracking solutions.
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Logistics firm Wincanton plc has announced its full year results to 31 March 2019. The company’s revenue has declined 2.6% to £1,141.5 million but underlying operating profit increased by 4.5% to £55.3 million.
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DHL Express has entered into a partnership with intelligent autonomous aerial vehicle company EHang to launch a fully automated and intelligent smart drone delivery solution to tackle the last-mile delivery challenges in the urban areas of China.
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FedEx Express has announced that FedEx package drop-off services will be available at all 7-ELEVEN stores in Korea.
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UPS has added 122 destination countries that are available to its U.S. customers using the company’s Saturday pick-up solution for export shipments.
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Palletways Hungary, part of Europe’s express palletised freight network, is celebrating record volumes and a growing membership base since launching in October last year.
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Japan Post Holdings is to reportedly partner with Daiwa Securities Group to create new investment products says Nikkei Asian Review.
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DHL Parcel is investing £6.7 million in an upgrade to its fleet of trucks and trailers to gain additional handling capacity to support future growth.
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American retail giant Walmart has confirmed it will be adding free NextDay delivery on a wide range of general merchandise from Walmart.com, without a membership fee.
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