Royal Mail has revealed that fuel costs for its fleet of 37,000 light and heavy commercial vehicles are at a record high, pushing it to introduce a fuel surcharge for the first time. It has applied a 2.5% fuel surcharge to some of its contract parcels services to bring it more in line with competitors, which it said is “considerably lower” than other carriers’ charges. A Royal Mail spokesman told MT: “The price of fuel is a major element of […]
UK Mail Group’s depot closure programme will cost it approximately £2m as it looks to continue to cut costs. In a pre-close trading update for the year ended 31 March, UK Mail says the closure of four depots in the past 12 months will leave it with a low-cost and integrated network. It is left with a network of 50 depots as a result. The parcels giant also reveals a Q4 revenue increase of 14% year-on-year. However, when adjusting for […]
Royal Mail has said it is “very disappointed” that managers have voted to take strike action due to a pay dispute.
TNT Post has denied its practice of rewarding postmen for speedy deliveries is a problem, despite more mail having being found dumped by one of its employees.