Netherlands-based post and parcel firm PostNL – parent company to TNT Post -has sold part of its stake in TNT Express. The company revealed the sale of half of its share in TNT Express last week. It formerly held around 30% of the business’s outstanding share capital. The sale commenced on Friday (6 December) and will close on Thursday (12 December) and PostNL has valued the sale at €507m, approximately €6.20 per share. PostNL has held a 30% stake in […]
Courier rates and surcharges are likely to rise as people move increasingly towards working from home arrangements, according to ParcelHero.
McColl’s has been rescued out of administration by Morrisons after it beat off a rival offer for the convenience store and newsagent chain.