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 […]
Two post and parcel carriers at the centre of a recent investigation by Channel 4 programme Dispatches have said they do not believe its findings to be representative of service levels across their operations.
Nightline is to invest €5m into the roll-out of its self-service parcel terminals across the UK, creating 50 jobs in the process. The Irish carrier says the funding will be used to set up the infrastructure for 400 Parcel Motel locker boxes that will all be operation by the end of 2014. To date, 20 units have been installed around Dublin, with a target of 100 by the end of the year. CEO John Tuohy says the Parcel Motel concept […]