UK Mail Group saw turnover and pre-tax profit climb last year thanks to increased volumes, winning new business and retaining existing customers in its parcel and mail divisions. Average daily volumes in its parcels division grew 19% last year, its results for the year ended 31 March 2014 showed, which it said enabled the business to better spread the its fixed costs and increase its operating margin. Despite this, the group expects growth in parcel volumes to slow this year […]
The MT basket of transport shares continues to have a little wobble in September, but it is worth keeping in mind just how much share values of transport firms have risen in the nine months of the year so far – pointing towards a more sustained recovery in the sector.
Parcel locker firm InPost UK launched yesterday (22 April), with the roll out of 100 lockers nationwide and a further 100 waiting for installation.