A lot has happened in the two weeks since the last MT Tracker, and today the government has revealed that it will begin selling shares in post and parcel operator Royal Mail within the next few weeks, adding another transport name to the companies listed on the London Stock Exchange. While Royal Mail’s listing has not yet begun, the government has said entry prices for members of the public will begin at £750 [to buy a basket of shares]and £500 […]
Eddie Stobart could be a private company again as soon as April, according to a circular sent to shareholders of its parent group.
TNT Post said it will work with Royal Mail to ensure that final mile deliveries continue, following a vote which saw the majority of union members at Royal Mail support a boycott of competitors’ mail and packet deliveries.
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.