Parcel volumes over the summer at UK Mail were below expectations, causing turnover to slip 1% year-on-year in the first half of its financial year. For the six months ending 30 September UK Mail said that the first quarter showed good revenue performance, but the second quarter has been more challenging with parcels volumes below expectations, particularly in the latter weeks of the period. “It is too early to assess whether this represents a more persistent trend and therefore the […]
Retail deliveries for same day courier CitySprint doubled over the Christmas peak, in comparison to 2011’s figures. The firm handled over a quarter of a million retail deliveries during December, its busiest Christmas peak to date, experiencing its largest volumes on Thursday 18 December. Chief executive Patrick Gallagher said home retail delivery order volumes were maintained up until Christmas Eve, showing that last minute Christmas shopping was not confined to the high street. It recruited an additional 300 couriers to […]
Parcelforce operations director Peter Fuller is leaving the company after almost 20 years at the company, to take up the same role at rival UK Mail.
Tomorrow I will be speaking with Wincanton chief executive Eric Born as Britain’s second largest road transport operation (or is it?) reveals its latest annual accounts. The most important part is – can the company turn a profit and for much of the past 12 months it has promised “good progress” in its strategy to return to “sustainable profit growth”. Before then its been a week of scalping – shares in the transport tracker are either flat, or down, across […]