DHL secures $160 million Panasonic contract

Tuesday, January 15, 2013

A day after news broke that the UPS and TNT Express merger was dead in the water, DHL announced it had secured a contract with Panasonic for warehousing and logistics services worth $159.9 million. DHL will take over Panasonic’s U.K. supply chain, managing a shared warehouse, working to enhance the shipper’s domestic transport options, and carrying out order fulfillment. Panasonic will also convert its existing facility to a technology-driven development complete with an enhanced ...

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