City Link has opened a new depot in Southampton to handle increased demand for parcel collection and delivery in the area. The parcel carrier has invested £500,000 in the new 64,000ft² site on the Fareham Industrial Park, which is 30% larger than its previous depot. The increased capacity has allowed it to take on some of the GU postcode area, which was formerly covered by other depots. The site is currently handling 4,200 parcels per night, with this number expected […]
About 2,000 jobs are set to go at Royal Mail after it admitted it had been too slow to adapt to a huge growth in parcels.
Parcel, haulage and freight firm Caribou has acquired Prestwich-based C&D Transport Solutions as part of plans to extend its service offering and broaden its delivery network both in the UK and internationally.
Yodel made its seventh loss in a row in the year ended 30 June 2016, while its sister company Arrow XL saw its pre-tax profit leap by more than 500%.