Royal Mail has warned for a second time that competition from other carriers, this time Amazon’s own delivery network, will damage its growth prospects. In its half-year results, the company estimated that its total number of parcel deliveries in the UK should increase by 4% a year in the medium term, but said the impact of Amazon increasingly delivering its own parcels could reduce this growth to 1-2%. Back in June Royal Mail called for Ofcom to protect it from […]
Lockwood Haulage saw its annual turnover climb by almost 20% to £17.5m in its latest reporting period, thanks to new wins and the development of existing partnerships.
City Link and its former parent Better Capital are “morally, if not legally, responsible” for the financial difficulties that some of its creditors now face, a group of MPs looking into the collapse of the company have said.