Last-mile parcel carriers struggle while global express market is set for growth
The global express parcel market is set to see steady growth over the next four ...
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By Alex Lennane
In a new threat to Royal Mail, Deutsche Post has increased its market share in the UK with a £242.7m acquisition of UK Mail, a business-focused parcel delivery firm. The German company said it wanted to boost its foothold in “Europe’s largest three e-commerce markets”. UK Mail has been under pressure after problems at its automated sorting facility triggered two profit warnings last year.
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