Price increases and a rise in parcel volumes have contributed to Royal Mail Group’s continuing rise in annual profit and turnover, the firm said today. Its UK parcels, international and letters (UKPIL) division, which encompasses its Royal Mail and Parcelforce Worldwide brands, saw year-on-year EBITDA before transformation costs jump 45% to £775m for the 53 weeks ended 31 March 2013. This compared with £533m for the 52 weeks ended 25 March 2013. Division turnover increased by 6% to £7.6bn (2012: […]
Norbert Dentressangle’s logistics business saw a 4% increase in turnover during the first half of this year, with growth in the division likely to continue in the second half.
Royal Mail and Amazon UK have both launched a recruitment drive for hundreds of temporary staff to assist with the increase in peak volumes expected this Christmas.
Parcelforce Worldwide is to invest £75m in its network and hubs over the next four years, creating 1,000 new jobs. The investment, which is part of parent company Royal Mail Group’s strategy to expand its express parcel business in the UK and internationally, will also see the opening of a new parcel processing centre in Chorley, Lancashire, as well as two additional depots in Cornwall and Hampshire. There are also plans for nine of its 53 existing depots across the […]