Rising parcel volume almost offset the fall in Royal Mail’s letters volume, a trading statement for the nine months ended 27 December 2015 said. The carrier said performance was “in line with expectations” after parcels volume in December 2015 grew 6% year-on-year, with Royal Mail handling more than 150m parcels throughout the month. Parcels volume in the carrier’s UKPIL (UK) operation saw an increase of 1%, however the 2% in decline in letters volume brought overall turnover down 1% on […]
Profit at TNT UK almost quadrupled in 2012, during a year that put parent company TNT Express under pressure while the proposed takeover by parcel giant UPS was being considered.
Ofcom has provisionally found that Royal Mail breached competition law with the price increases competitor Whistl complained to the regulator about last year.
APC Overnight boosted its turnover in the year ended 31 March 2016, after it lowered its maximum parcel weight as part of an “important year” of reshaping the business.