TNT Post UK has secured funding to roll-out a final mile delivery service across the UK, in a bid to rival the service currently provided by Royal Mail. Parent PostNL has revealed a joint venture with private equity firm LDC, which will provide funding for a phased introduction of the service, which has been trialled in London and Greater Manchester. The joint venture is expected to close in early 2014, subject to approval by the European Commission. PostNL’s executive committee […]
Royal Mail has called for its regulator to protect it from last mile delivery competitors such as TNT Post, claiming that TNT’s expansion plans could cut £200m from its annual turnover.
CitySprint experienced a 41% rise in same day retail deliveries in June, but saw a 15% drop in orders during the Olympic games. The same day distribution company reported that orders were up 10% on figures for April and May, during a month of unseasonably wet weather that saw shoppers avoiding the high street. Patrick Gallagher, CitySprint chief executive, said: “Whilst delivery volumes fluctuate throughout the year, June was a particularly strong month for us, and I suspect that this […]
The Communication Workers Union (CWU) has warned that strike action at Royal Mail and Parcelforce is possible from 10 October if union members vote in favour of it later this month.