Parcel carrier DPD has revealed plans to invest £3.7m in four new depots in Smethwick; Sheffield; Snetterton, Norfolk and Billingham, Teesside as part of its £175m strategy to handle increased volumes. The four sites will create 125 new jobs – 45 in Smethwick, five in Sheffield, 45 in Norfolk and 30 on Teeside. All four will be new-build depots. DPD CEO Dwain McDonald said the new purpose built depots would give the firm an advantage, in terms of vehicle access […]
Abbey Logistics made it a double whammy at last night’s MT Awards, picking up Haulier of the Year and Business Excellence Awards – also joining an exclusive club of just three other firms who have won Haulier of the Year twice. Innovations included the development of a twin-cargo trailer, capable of carrying liquid and palletised goods, and encouraging young people into the industry via their MD’s Think Logistics initiative. The judges said: “This company has a clear vision and knows […]
Royal Mail has warned that revenue in its UK parcels business was lower than it anticipated in the last three months due to competition in the market for deliveries.
City Link parent firm Rentokil Initial says its recovery plan for the parcels courier is on track despite posting an £18.5m operating loss for the first six months of the year. This 3.8% year-on-year reduction of its operating losses came as revenue rose 3.5% to £149.5m for the six months ending 30 June. Alan Brown, CEO at Rentokil Initial, says: “We expect losses to reduce further in Q3 and for the business to be profitable in Q4.” Revenue for the […]