The already troubled InPost-Yodel takeover faces yet another dramatic setback as a High Court judge has imposed sweeping restrictions preventing any integration of the two companies, following claims from tech entrepreneur Jacob Corlett that he actually owns the majority of the business. This latest twist piles on even more drama to the recent chaos at…
Evri – a company whose name has become almost synonymous with misplaced parcels and garden hedge deliveries – has just announced a major strategic merger with DHL’s UK e-commerce business, creating what could become Royal Mail’s biggest rival to date. The potential Evri DHL merger, announced today, will see the combined “Evri Group” handling over…
The squabble over failing delivery firm Yodel’s ownership has erupted into all-out warfare as Jacob Corlett, the 31-year-old CEO of logistics firm Shift, launched a shock legal bid to block InPost’s £106m Yodel takeover – a deal that was only announced last week and appeared to finally settle the fate of the troubled British courier.…
InPost has finally closed its takeover of troubled parcel firm Yodel, making it the third-largest courier in the UK in a deal worth £106 million. The acquisition, which appeared to stall for several weeks after it was expected to complete in early April, sees the Polish parcel locker giant converting its existing loans to Yodel’s…
Britain’s iconic red postboxes are getting their biggest makeover in 175 years – and for once, it might actually be a change worth celebrating. Royal Mail has unveiled solar-powered “postboxes of the future” with built-in barcode readers and extra-large hatches specifically designed for parcels, potentially revolutionising how we ship our unwanted clothes and marketplace purchases.…
Britain’s troubled parcel delivery firm Yodel appears to be in a delivery limbo of its own, with the widely anticipated takeover by parcel locker giant InPost failing to materialise more than two weeks after it was expected to complete. The Vanishing Yodel Takeover InPost was set to formalise its acquisition of Yodel in early April,…
Britain’s 508-year-old postal service, Royal Mail, will fall into foreign hands by the end of this month after Czech billionaire Daniel Kretinsky cleared the final regulatory hurdles for Royal Mail’s £3.6bn foreign takeover. International Distribution Services (IDS), Royal Mail’s parent company, confirmed the deal “may become or be declared unconditional” by April 30th, marking the…
Evri, the UK’s most notorious parcel delivery company, has found itself in the doghouse with its workforce after announcing futuristic robot delivery dogs on the very same day it implemented significant pay cuts for its human couriers. The timing has led many to accuse the company of using the headline-grabbing tech announcement as a convenient…