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 […]
Hermes has revealed that its ParcelShops have handled more than 870,000 parcels since the concept was introduced in June.
FedEx Express is now offering customers sending parcels to and from the UK access to its Priority Alert service. Priority Alert and Priority Alert Plus were launched in Europe, the Middle East and Africa (EMEA) yesterday [10 October]. The service identifies time-critical, valuable and temperature-sensitive parcels by the use of bright pink tape to ensure they are delivered quickly. Both priority services allow customers to monitor and track their parcel. “Our customers expect agility, speed and reliability for their global […]
UK Mail Group has reported an increase in both parcel volumes and turnover in its mail business for the third quarter of its current financial year.