TNT Express has admitted that it is unlikely to hit its profit improvement target for 2015, following an increase in competitive pressures and poor trading conditions in Europe. In a trading update today, the express parcel carrier admitted that it is likely to take three to five years for its Outlook performance improvement strategy to show its full benefit. The Outlook strategy, which aims to improve group turnover and profit, was put into place earlier this year and incorporates its […]
Parcelforce Worldwide is to begin making deliveries for online retailers on Sundays next month as parent company Royal Mail Group plans to make its services more accessible to consumers.
Amazon has begun offering Sunday deliveries through its Amazon Logistics arm, following a successful trial before Christmas.
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.