Transport firms are riding the current Stock Market bubble. This week the FTSE 100 hit its highest level since October 2007 (6,755 on Monday to be precise). While none of the six operators in the MT Tracker basket of transport shares are anywhere near making the FTSE 100, or the FTSE 250 for that matter, the total value of the basket hit a record high today of 1,842. Back on 29 January, when MT.co.uk started monitoring this index the total […]
UK Mail Group has reported an increase in both parcel volumes and turnover in its mail business for the third quarter of its current financial year.
City Link is continuing its drive towards the b2c market with the launch of an ad-hoc parcel collection and delivery service for consumers and SMEs.
UK Mail said it has “positive momentum” before it enters the Christmas peak, as investments in additional capacity have allowed it to make “further progress” , while it waits for its proposed acquisition by Deutsche Post DHL to conclude.