Royal Mail has warned that revenue in its UK parcels business was lower than it anticipated in the last three months due to competition in the market for deliveries. In an interim statement for investors published today, the newly privatised Royal Mail said that while UK parcel volumes rose 1% in the three months ending 29 June, revenue in the division had fallen by 1%. It singled out lower export parcel volumes – a result of a strong British […]
UPS predicts that tomorrow (20 December) will be its busiest day of the year with an estimated 28 million packages delivered worldwide. The parcels giant expects to deliver over 12 million more packages on its busiest day than its daily worldwide average of 15.8 million parcels. It anticipates delivering 527 million parcels globally in the four weeks running up to Christmas, a 9.7% increase on 2011’s 480 million. The carrier also expects a surge in return volumes on 3 January, […]
UK Mail has secured a 231,000ft² plot of land in the West Midlands to develop its new hub.