Royal Mail is considering applying a fuel surcharge to some of its contract parcels and mail services, while rival carrier UK Mail has reduced parcel prices for SMEs. If approved, Royal Mail plans to increase prices for contract parcels and mail customers to account for the rising cost of fuel from 1 April. A spokesman for Royal Mail Group said: “Fuel surcharging is standard practice in the parcels delivery market. Royal Mail does not currently apply a surcharge to the […]
Yodel has appointed Mike Cooper as its CEO, after his predecessor Neil Lloyd stepped down last July.
Royal Mail is increasing prices for some of its mail contracts to help offset the impact of the decline in mail volumes and generate cost savings.
The success story of the first half of the year, without doubt, is UK Mail. It simply, absolutely, will not stop, moving parcels with volumes up 25% in the first quarter year-on-year. If you had bought a share in the firm in January, it would have set you back 365p (giving the firm a market capitalisation of £199m). If you would buy one today it is 580p (giving UK Mail a market cap of £319m). That’s a share price rise […]