UK Mail Group has made a “satisfactory” start to its financial year, with revenue up by 13% compared with the same period last year, or by 10% if excluding Royal Mail price hikes implemented on 2 April. First-quarter results, for the period 1 April to 10 July, show mixed fortunes across the group’s four divisions – parcels, mail, courier and pallets – with tight cost control remaining a key focus across the board. The parcels business showed good growth in […]
Menzies Distribution is looking increasingly towards the parcels market as it looks to diversify the business to offset falling revenues from its core newspaper distribution business.
DX Group has issued a profit warning due to continuing challenges in the courier market and margin pressure within its freight business.
DPD is expanding a number of its sites and investing in a new sorting hub and depots to handle increased demand from online retailers. The £175m investment, which follows a period of growth after the launch of its Predict service, includes a £12m investment in building 10 new depots, £20m of funding to upgrade its Sheffield and Thetford depots, as well as opening a £100m East Midlands sorting hub. The expansion is expected to create 1,500 full-time jobs. A spokesman […]