Ofcom is concerned that Royal Mail could potentially cross-subsidise its parcels operation through its letters business, as its market share and delivery network is much more established in the latter. The strength of its operation in the letters sector could give the carrier an unfair advantage in the parcels market, and Ofcom said it will “closely monitor whether Royal Mail is appropriately allocating its costs between parcels and letters”. The comments appeared in a report on Ofcom’s review into the postal […]
Royal Mail has won a three-year contract with book retailer Waterstones to handle delivery of all online goods.
The jury is still out on the success of the privatisation of the Royal Mail, said parcel services broker Fastlane International, after a leak of the Labour Manifesto for the 2017 general election called for it to return to public ownership.
Royal Mail has revealed that fuel costs for its fleet of 37,000 light and heavy commercial vehicles are at a record high, pushing it to introduce a fuel surcharge for the first time.