Packfleet, a London-based logistics startup, will cease operations as its delivery services transition to DHL. This move, one year after a €9.1M Series A funding round, allows DHL to expand its green delivery offerings. Existing Packfleet drivers and warehouse personnel will join DHL, ensuring service continuity. Founded in 2021 by former Monzo employees, Packfleet specialized in delivery management solutions, promoting an improved delivery experience through real-time tracking and customizable delivery options for businesses. The transition marks a significant change for Packfleet after serving hundreds of merchants and millions of parcels in London.
Packfleet's logistics operations will transition to DHL, allowing it to expand green delivery services in London and enhance service continuity with existing drivers.
With DHL taking over its customer base, Packfleet will cease operations after four years, highlighting the challenges faced by logistics startups.
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