UK Mail saw a 25% year-on-year increase in daily parcels volume during the first quarter of this year, the post and parcel carrier has revealed. The firm’s interim management statement, covering the period from 1 April to 30 June 2013, and published today, shows that group turnover for the first quarter was up 6% on the same period last year. Its parcels division performed well, with daily volume rising by a quarter. It also expects moderate growth in volumes as […]
Palletforce and its haulier members moved a network record of 3.4 million pallets last year.
UK Mail is anticipating a fall in both pre-tax profit and turnover for the year ended 31 March 2016 after the installation of incompatible technology incurred huge costs.
UPS and TNT Express do not now expect their multi-billion euro merger, announced in March, to be completed until early 2013. The operators had originally hoped to seal a deal in the first half of the year, but involvement from the European Commission as regulator scuppered this timetable. Last month the European Commission temporarily suspended the takeover to allow regulators more time to gather information, a process that is ongoing. Despite this UPS and TNT had still expected to complete […]