Donnelley to Sell Package Shipping Business

Share this content:
R.R. Donnelley & Sons will sell its package logistics business to Heritage Partners Inc. by the end of the third quarter, but will maintain its print logistics, fulfillment and distribution business, Donnelley said yesterday.


Financial details were not disclosed, though Donnelley said it would receive cash in the exchange.


Heritage Partners, Boston, is a private equity firm that owns American Package Express. The deal is subject to regulatory approval.


Donnelley's package logistics business includes the subsidiary CTC Direct Inc. Donnelley will continue to provide third-party logistics management services.


Loading links....
close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Since 1985, Melissa Data has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa Data offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here