TNT Post UK has submitted a formal complaint to regulator Ofcom claiming that rival Royal Mail has breached its regulatory conditions. TNT’s complaint comes after Royal Mail revealed it would be changing the terms of the contracts it holds with other mail carriers, including the price it charges for final mile delivery. A spokesman for TNT Post was unable to disclose the details of the complaint. “TNT Post has submitted a formal complaint to Ofcom based upon a breach of […]
The consumer delivery subsidiary of Hermes, myHermes, has launched a new international parcel delivery service which aims to support SMEs.
Profit fell by almost a third at Royal Mail in the first half of the current financial year, as the business invested heavily as part of its ongoing modernisation.
UPS says its takeover of TNT Express is likely to be completed in the fourth quarter. The US firm says it wants to carry out a what it describes as a ‘Phase II review’, as there are “certain areas that require more time to analyse”. This extended review could take up to 25 weeks to complete, which will mean the initial offer period will need to be extended beyond the original deadline of 31 August, and is now expected to […]