TNT Post says it has secured a “great coup” after revealing details of a contract it began work on in February to deliver mail for Tesco. As a result TNT Post, which demerged from parent TNT NV in May 2011, will deliver all of Tesco’s communications with its customers – totaling some 180 million item a year – including its Clubcard scheme and Tesco Bank. Nick Wells, TNT Post chief executive, says: “Winning Tesco as a client is a great […]
Culina Logistics has shortened ambient supply chains for supermarket giant Tesco, with the roll-out of a new ‘Day 1 for Day 2’ delivery service. The logistics firm will consolidate suppliers’ deliveries at its multi-user facility in Wolverhampton, for onward trunking to Tesco’s NDC network on a six-day Monday to Saturday cycle. Culina says the ambient grocery market has traditionally operated with orders being placed on Day 1 for delivery on Day 3 across a five-day Monday to Friday cycle, but […]
Royal Mail began conditional trading on the London Stock Exchange this morning (11 October), with shares rising in value by over a third just an hour and a half into its listing.
Royal Mail has revealed that its UK operation saw a 2% year-on-year decline in turnover in the first quarter of its financial year, just a day after reports that the company submitted an objection to an ongoing Ofcom investigation into its pricing regulations emerged.