City Link parent Rentokil Initial is optimistic the troubled parcel carrier is on the road to recovery despite its latest results showing losses increased in the first three months of the year. In his statement to the market, Rentokil Initial CEO Alan Brown, says City Link losses were higher than the previous year but that performance of the business improved through the first quarter as its new management team started to implement their plans. Brown adds: “We expect a significant […]
Creditors of collapsed parcel firm City Link are likely to receive just 1p for every pound they are owed, according to the company’s administrator.
UK Mail’s continued investment in its infrastructure, including the move from its Birmingham HQ to a new fully automated Ryton hub, resulted in a dip in pre-tax profit in the year ended 31 March 2015.
Retailer Marks & Spencer has confirmed that DHL is to handle the collection and delivery of goods into its new Castle Donington warehouse in the East Midlands when it opens this spring.