City Link appointed administrators on Christmas Eve, temporarily suspending all operations over Christmas, citing continued “substantial losses over several years” and admitted it would be unable to accept new parcels due to the further losses it would incur. Administrators Ernst & Young’s (EY) also revealed that it had failed to identify a buyer for the company, despite putting it up for sale before the administration process had begun. A spokesman for EY told Motortransport.co.uk that: “No buyer has been identified […]
Royal Mail Group has warned of overcapacity in the parcel market, which is leading to downward pressure on pricing, despite it handling over one billion items in a financial year for the first time.
Parcel carrier Interlink Express has unveiled its new corporate identity, following a period of growth in both its B2B and B2C business.
APC Overnight is to hold a recruitment open day for former City Link staff tomorrow (6 January).