Starting up a business requires brains, heart and money - but in the case of the last, not as soon as you might think.

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.

Connell Limited Partnership, a global manufacturer serving the automobile, appliance, mining, rail and industrial equipment industries, has completed its acquisition of SencorpWhite, a provider of automated systems for the packaging industry through its Sencorp, Ceratek and Cerapak product lines.

Yusen Logistics Co. Ltd. and SATO Corp. have teamed up to launch an application for managing global logistics.