Tag Archives: FedEx

Deutsche Post Buys UK Mail for $315.5 Million

Germany’s Deutsche Post DHL Group agreed to acquire UK Mail Group for 242.7 million pounds, ($315.5 million), bolstering its presence in one of Europe’s biggest e-commerce markets at a time of booming online orders for clothes, household goods and other merchandise. Deutsche Post, Europe’s leading parcel-delivery company, said the offer of 440 pence a UK Mail share represents a premium

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Same Day Package Delivery Force Logistics Co to Rewire Distribution Network

As online retailers have begun to focus more on two-day and same-day package delivery, Logistics companies and builders relook at warehouse development in strategic location to meet demand. The rise of online shopping is forcing warehouse builders to redraw the map of logistics hubs on the East Coast. During the weekend, FedEx Ground broke ground for its largest facility in the country,

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