City Link cut its first quarter losses by more than a third but remained loss-making ahead of its sale to turnaround investor Better Capital. The parcel carrier cut its first quarter adjusted operating loss by 36% to £8.1m (2012: £12.7m) during the first three months of 2013. Former parent Rentokil Initial’s first quarter results also revealed that the operator’s turnover was slightly down at £72.7m (2012: £73.5m). Rentokil Initial chief executive Alan Brown said City Link’s results were “in line […]
DPD customers will be able to instruct drivers to avoid making deliveries at specific times, such as the school run, with the launch of the carrier’s new app Your DPD.
Confidence among logistics operators in future business prospects has increased significantly in the past six months, according to the latest Logistics Confidence Index compiled for Barclays and Grant Thornton UK.
DHL Express has revealed that it intends to sell its same-day domestic business to technology distributor Rico Logistics later this month, as it continues to focus on the international express market.