Executive Briefings

Hermes Teams With DPD, GLS in New Joint Venture

Hermes, operator of a business-to-consumer parcel shop network in Europe, has partnered with Dynamic Parcel Distribution (DPD) and General Logistics Systems (GLS) to form a new joint venture, ParcelLock GmbH.

Hermes Teams With DPD, GLS in New Joint Venture

The entity will launch carrier-neutral parcel boxes for the home delivery market in the summer of 2016. According to the partners, the ParcelLock system entails a high level of security and resiliency. Service providers can only use the parcel box based on individual and temporary numerical codes, similar to those used in online banking. Burg-Wächter, a producer of post boxes, safes and security systems, will be the first manufacturer to offer boxes and parcel bags with the ParcelLock system. Based in Hamburg, Germany, Hermes provides a range of international logistics services to the retail industry.

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The entity will launch carrier-neutral parcel boxes for the home delivery market in the summer of 2016. According to the partners, the ParcelLock system entails a high level of security and resiliency. Service providers can only use the parcel box based on individual and temporary numerical codes, similar to those used in online banking. Burg-Wächter, a producer of post boxes, safes and security systems, will be the first manufacturer to offer boxes and parcel bags with the ParcelLock system. Based in Hamburg, Germany, Hermes provides a range of international logistics services to the retail industry.

Read Full Article

Hermes Teams With DPD, GLS in New Joint Venture