City Link’s profit and volumes suffered as it fell victim to lower than expected demand during the Olympic Games. The parcel firm posted a turnover of £76.2m for the three months ending 30 September, a 2.4% increase on the same period in 2011. It is the first time City Link has reported year-on-year growth in the last five years, Managing Director Dave Smith said. It made an adjusted operating loss of £5.5m in the third quarter, a 19.1% rise on […]
DX Group delivered an improved performance in the second half of its trading year, but this wasn’t enough to offset the damage done earlier on, the operator said today.
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 […]
CitySprint has introduced a one-hour delivery-window service for retailers, allowing them to offer greater flexibility in regards customer deliveries. The MyTime service, launched by the same day courier yesterday, allows customers to choose a specific time and date for delivery: including same day, next day, or delivery on another date specified by the customer. The service, which the courier firm hopes will boost customer satisfaction and therefore loyalty amongst its retail clients, also provides the option to track a parcel […]