Yodel has simplified its business structure so that all operations will now be run through Yodel Delivery Network. Since it was established in 2010 following the merger of DHL Domestic and HDNL, the parcel carrier operated through four sister companies; Yodel Delivery Network , Parcelpoint, HDN (NI) and Yodel Transport. Yodel has now revealed that it will now operate all activities under Yodel Delivery Network. A spokeswoman said the move was made “purely to simplify our group structure” and confirmed […]
TNT Express has confirmed that the European Commission has temporarily suspended a merger bid with rival postal company UPS. Despite the delay, which will allow the EU regulator to compile more information, TNT Express say that they “would still anticipate a closing in the fourth quarter.” A spokesman for TNT Express tells MT.co.uk: “We have been notified of what is expected to be a temporary delay in the European Commission’s review process. Suspensions are not uncommon, it’s the result of […]
Royal Mail is opening eight temporary sorting centres to handle the expected rise in parcel volumes this Christmas. The centres will be dedicated to sorting a ‘significant proportion’ of the parcels handled by the firm before they are distributed to regional depots across the country. Temporary operations will be phased in across the peak period and will open in Edinburgh, Glasgow, Swansea, Bolton, Tamworth, Peterborough, Swindon and Greenford, west London. Managing director of operations and modernisation Mark Higson said: “Christmas […]
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.