TNT Express has unveiled a two-year plan to target higher margin business, which includes palletised freight and larger, heavier parcels, and improve its profitability. TNT has been evaluating its business following the collapse of its proposed merger with UPS in January. One analyst believes that moving into pallets would be a challenge for the parcel carrier – which saw pre-tax profit in its UK business dip to £3.49m for the year ended 31 January 2011 (2010: £8m) – but will […]
Christmas 2012 was another record-breaking year for parcel carriers, with many reporting volumes that made 2011’s peak seem a simple task. With year-on-year volumes rising every Christmas and the online retail boom not showing any signs of slowing down, how are carriers ensuring they are well prepared for 2013’s peak? Retailers again reported record-breaking internet sales over the festive period. Web sales were up 44% for City Link customer John Lewis, and 11% for Hermes customer Next. Debenhams also saw […]
A nationwide strike ballot is to be held at UPS depots nationwide according to union Unite, after talks to resolve workers’ claims of unreasonable workloads proved unsuccessful.