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Transportation Company - GLS - Logistics

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Transportation Company - GLS - Logistics
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Company Name GLS
Division or Subsidiary of Royal Mail
Company Web Site Link
Category Logistics
Year Founded 1989
Termination Subsidiary
Successor/Parent Royal Mail (Details)
Country United Kingdom (Details)
Source of Text Wikipedia
Transportation Company - GLS - Logistics

Company History: German Parcel was founded in 1989 as a national parcel service provider in Germany. A European-wide parcel association, General Parcel, was then established in 1992. In 1999, Back led the sale of the company to Royal Mail. GLS as part of Royal Mail Group

Between 1999 and 2002, Back developed a cross-European parcel service via acquisitions and startups. In 2002, these companies were unified into the General Logistics Systems (GLS) brand.

Between 2016 and 2017, GLS acquired the California-based next-day parcel delivery company Golden State Overnight Delivery Service, as well as the US overnight parcel delivery company Postal Express. In September 2018 GLS acquired the Canadian parcel delivery company Dicom, expanding operations in North America and Europe. GLS became one of the largest ground-based deferred parcel networks in Europe, growing revenue from £1 billion in 2002 to £3 billion in 2019.

Successor/Parent History:
Royal Mail plc (Welsh: Post Brenhinol; Scottish Gaelic: a' Phuist Rìoghail) is a postal service and courier company in the United Kingdom, originally established in 1516. The company's subsidiary, Royal Mail Group Limited, operates the brands Royal Mail (letters) and Parcelforce Worldwide (parcels). General Logistics Systems, an international logistics company, is a wholly owned subsidiary of Royal Mail Group. The company provides mail collection and delivery services throughout the UK. Letters are deposited in a pillar or wall box, taken to a post office, or collected in bulk from businesses. Deliveries are made at least once every day except Sundays and bank holidays at uniform charges for all UK destinations. Royal Mail generally aims to make first class deliveries the next business day throughout the nation.

For most of its history, Royal Mail has been a public service, operating as a government department or public corporation. However, following the Postal Services Act 2011, a majority of the shares in Royal Mail were floated on the London Stock Exchange in 2013. The UK government initially retained a 30% stake in Royal Mail, but sold its remaining shares in 2015, ending 499 years of public ownership. It is a constituent of the FTSE 100 Index.

From Wikipedia

Brief History:
The United Kingdom, made up of England, Scotland, Wales and Northern Ireland, is an island nation in northwestern Europe. England – birthplace of Shakespeare and The Beatles – is home to the capital, London, a globally influential centre of finance and culture. England is also site of Neolithic Stonehenge, Bath’s Roman spa and centuries-old universities at Oxford and Cambridge.

Item Links: We found: 1 different collections associated with GLS - Logistics
Item created by: nscalestation on 2020-12-01 19:56:54. Last edited by gdm on 2020-12-01 21:46:15

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