The volume of parcels being handled by UK Mail has surpassed its current operational capacity. In its pre-close trading update for the financial year ended 31 March 2015, UK Mail said the final quarter saw a 12% increase in parcel volume on the same period of the previous year. The spike, it said, is in part as a result of competitor City Link entering administration in December 2014. UK Mail said its operating costs had been higher than expected as […]
City Link cut its first quarter losses by more than a third but remained loss-making ahead of its sale to turnaround investor Better Capital.
Removals firm Pickfords raised its profit before tax by 141% in the year to 30 September 2014, its latest annual accounts have shown.
UPS has launched a new click and collect service across 600 locations in the UK.