Royal Mail has warned for a second time that competition from other carriers, this time Amazon’s own delivery network, will damage its growth prospects. In its half-year results, the company estimated that its total number of parcel deliveries in the UK should increase by 4% a year in the medium term, but said the impact of Amazon increasingly delivering its own parcels could reduce this growth to 1-2%. Back in June Royal Mail called for Ofcom to protect it from […]
TNT Post is to go to court next month to challenge rival Royal Mail’s tax exemption status as the universal service provider, just as the state-owed post and parcel carrier prepares for its floatation.
Scottish multimodal operator John G Russell boosted pre-tax profit by 8% last year despite suffering from floods, sluggish rates and disruption on cross-channel routes.