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 […]
DPD plans to offer consumers more delivery options to reduce the number of failed delivery attempts, following an upgrade to its Predict service. The service was launched in 2012 and notifies consumers of a one-hour slot when they can expect their parcel to be delivered. The upgrade will notify recipients the evening before delivery and allow them to choose one of five delivery options. These include changing the delivery day, deliver to neighbour, deliver to safe place, collect from nearest […]
Turnover at Ceva Logistics fell 6% in the first three months of 2013, while its profit halved as the company continued with its cost reduction measures.
Eddie Stobart Logistics subsidiary O’Connor Container Transport is set for further integration into the group after racking up a loss of £800,000.