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 […]
The government hopes to give Royal Mail access to the capital it needs to move on its privatisation plans this financial year, business minister Michael Fallon has said.
Wincanton has put in place a turnaround plan for its Pullman Fleet Services business after the segment delivered an “underwhelming” performance in its most recent financial year.