UK Mail has come under fire by MEP for the North East region Jude Kirton-Darling over claims the business forced drivers to take a pay cut and dismissed 20 drivers who refused to sign the new contract. In a letter to UK Mail CEO Peter Fuller last week, Kirton-Darling accused the company of “unacceptable treatment” of its workers and of “flying in the face of [its] ethical and corporate responsibility”. The letter was prompted by a new contract UK Mail […]
UK Mail saw its profit tumble by more than 80% in the six months ending 30 September 2015, after its relocation to a new hub and “teething issues” with the facility’s technology.
UK Mail’s share price continues to climb as does its turnover. The company said this week that it has seen year-on-year daily parcel volumes increase by 25% in the first quarter of this year, with Q1 turnover also up 6%.
The MT Tracker would like to pretend that it has delayed its posting by a day because it was waiting for Norbert Dentressangle to list on the NYSE Euronext stock exchange in London today (currently its market capitalisation stands at €615m – or £526.4m) but unfortunately it was the MT Awards yesterday and time just ran away…