UK Mail has secured a 231,000ft² plot of land in the West Midlands to develop its new hub. The purpose-built mail and parcel sorting centre will be developed at Prologis Park Ryton, near Coventry, and will include a 36,330ft² head office building. Automatic sorting equipment will be installed at the site, which the operator says will increase the proportion of parcels it sorts automatically from 20% to 80%. UK Mail chief executive Guy Buswell said: “Prologis Park Ryton was selected […]
Netherlands-based post and parcel firm PostNL – parent company to TNT Post -has sold part of its stake in TNT Express.
UK Pallets is to close, after parent company UK Mail pulled the plug following years of poor profitability. The closure will cost UK Mail £1m, plus asset write-downs of £2m.