UK Mail said it has “positive momentum” before it enters the Christmas peak, as investments in additional capacity have allowed it to make “further progress” , while it waits for its proposed acquisition by Deutsche Post DHL to conclude. However in the six-months to 30 September turnover was down 3.2% to £230.2m, compared to £237.6m in the same six-month period a year ago. Pre-tax profit was up 158.4% year-on-year to £5.8m – but in H1 2015 it reported net exceptional […]
Technical problems continue to plague the MT Tracker – so I’m afraid we cannot bring you any graphs of share price performance again this week – which is a shame as the industry’s performance on the stock market continues to go from strength to strength with operators hitting record highs.
Last month MT exclusively revealed that Yodel chief executive Jonathan Smith is to leave the parcels firm after two years in charge of the combined DHL Express Domestic UK and HDNL (not to mention 18 months in charge of the DHL business alone). Smith’s CV shows more than 20 years’ experience in parcels, including a spell as chief executive of City Link – before its problematic take-over of Target Express – and a regional director role at British Rail’s parcels […]
Irish parcel carrier Nightline has said it expects to move 50% more parcels this Christmas than last year, despite a slow start to the season.