Royal Mail has received approval to revamp its final mile delivery service, and will roll out its Delivery to Neighbour initiative next week. It has received regulatory approval from Ofcom to launch the programme on Monday 1 October, allowing the firm to deliver large items or items that require a signature to a neighbouring address if no one is home to receive them. Until now it was the only major delivery company in the UK who did not offer the […]
The surge of e-retailing is presenting parcel carriers with a conundrum: how do carriers profit from the rapid surge in B2C volumes, while ensuring their networks are able to cope with capacity demands? Hayley Pink reports Peak period capacity is at breaking point, City Link MD David Smith warned an industry conference in June, with the 2012 Christmas period posing a record challenge for carriers and retailers alike. Smith says there has been no new capacity in the industry since […]
UK Mail saw a 25% year-on-year increase in daily parcels volume during the first quarter of this year, the post and parcel carrier has revealed.
The big event for the MT basket of transport shares – the MT Tracker – is that Royal Mail will be joining this watching brief from tomorrow. The BBC is already reporting this morning that shares will trade at the top of the price range (around 330p) giving it a value of £1.7bn.