Parcel Delivery Digest: latest insights of the parcel delivery industry
- July 26, 2024
- 1 min
Welcome to Kardinal’s Parcel Delivery Digest, a weekly news digest about last mile delivery industry from various sources.
To read the articles, click on the images. Enjoy your reading!
Apollo swoops for parcel delivery giant Evri in £2.7bn deal
British parcel company Evri is being sold to US private equity firm Apollo for £2.7 billion. The deal, ending months of speculation, will provide major proceeds to Advent International and Otto Group, with the sale expected to finalize in Q3 2024.
UPS to acquire Mexican express delivery firm Estafeta
UPS plans to acquire Mexican logistics firm Estafeta to leverage nearshoring and trade growth. Founded in 1979, Estafeta is a major player in Mexico with 128 distribution centers, four logistics hubs, 33 strategic warehouses, 6,000 vehicles, 2,000 PUDO points, and six Boeing 737s.
Google and DHL collaborate on sustainable worldwide shipping
DHL has signed a deal with Google to use the DHL Express GoGreen Plus service and invest in sustainable aviation fuel (SAF) to cut air transportation emissions. The partnership covers express shipping of Google devices across the Americas, Asia, and Europe.
Poste Italiane receives €450m funding to enhance digitalization, automation and energy efficiency
The European Investment Bank has agreed to fund Poste Italiane with €450m to enhance digital services, automate logistics, and improve sustainability. This will support new parcel hubs, cloud migration, AI tools, and energy upgrades.
PostNord: Interim Report Q2 2024
PostNord improved income for the third consecutive quarter in Q2 2024, with net sales at SEK 9,709 million, a 1% decline YoY. Operating income rose to SEK -463 million from SEK -725 million, despite challenges from declining mail volumes and the new Danish Postal Services Act.
Subscribe to the Parcel Delivery Digest
