Parcelforce Worldwide has opened a new parcel sort hub in Chorley, Lancashire, as part of parent Royal Mail’s investment in growing its parcels business. The site is capable of processing up to 120,000 parcels per day and will operate alongside its existing national and international hubs in Coventry. Some 120 jobs have been created by the opening of the hub, and follows an investment in 12 of its depots within the last year. MD Gary Simpson said: “The new parcel […]
Yodel has predicted that collaboration between parcel carriers is something that its customers will eventually demand, but Hermes has ruled the notion out.
UK Mail remains confident about its long-term prospects, and has now got a handle on problems at its new sortation hub that are set to have a significant impact on its full year earnings.
Royal Mail Group has turned a loss into a profit in its UK letters and parcels arm as it revealed details behind its strategy to develop into a more parcels-focused business ahead of its planned privatisation. The Group’s first half profit for the six months ending 23 September leapt to £99m, from a loss of £41m in the same period a year ago. This came mainly as a result of a 5.6% rise in parcel volumes which now accounts for […]