Profit at TNT UK almost quadrupled in 2012, during a year that put parent company TNT Express under pressure while the proposed takeover by parcel giant UPS was being considered. Pre-tax profit soared to £13.8m for the year ended 31 December 2012, after a year that saw it slip to £3.4m in 2011. It said the rise was due to “cost saving initiatives and operational changes”, as well as restraining its spending. Turnover, however, remained broadly flat at £782m, down […]
UK Mail Group has reported an increase in both parcel volumes and turnover in its mail business for the third quarter of its current financial year.
Controlled temperature specialist Langdons is to take the name of its parent company Nagel Group and re-brand throughout the UK.