City Link parent firm Rentokil Initial says its recovery plan for the parcels courier is on track despite posting an £18.5m operating loss for the first six months of the year. This 3.8% year-on-year reduction of its operating losses came as revenue rose 3.5% to £149.5m for the six months ending 30 June. Alan Brown, CEO at Rentokil Initial, says: “We expect losses to reduce further in Q3 and for the business to be profitable in Q4.” Revenue for the […]
UK Mail will move into its 45,000 ft² extended Slough depot at the beginning of August, almost doubling the space it has in the area.
Companies relying on postal carriers for deliveries into the EU have been warned delays are being caused by couriers struggling with customs and duty charges.
DPD chief executive Dwain McDonald has been dismissed from his job with “immediate effect” after an “internal investigation”, according to an internal email to staff.