Whistl’s strategy of focusing on the parcel delivery sector appears to be paying off after the distribution firm claimed the 2019 peak period was stacking up to be its busiest on record.
In last year’s annual results, Whistl said the mail market was dwindling and that its ability to offer a full range of services, from mail to parcels to fulfilment services would protect it from stagnating letter volumes.
It added that it had strong opportunities to grow its parcel market share because of the e-commerce boom.
During 2018 it invested in new parcel sortation machinery, enabling it to handle far greater numbers of parcels.
Whistl, formerly TNT Post, which has its headquarters in Marlow, also said that within its core downstream access business mail division, the company had renewed longstanding contracts with Barclays, Tesco, SAGA and E.ON, as well as Cell Signal and OTM.
It also won the retailer Next, store card provider NewDay Cards and financial services company Close Brothers.
Nick Wells, Whistl CEO, said: “As we enter our 15th year, we continue to grow by winning business across all areas of the company as well as renew longstanding relationships which is testament to the quality of service Whistl provides.”
In May 2019, Whistl acquired warehouse space in Harmondsworth, near Heathrow, which it said would act as its international gateway for mail and parcel services in and out of the UK.
