UK Mail’s continued investment in its infrastructure, including the move from its Birmingham HQ to a new fully automated Ryton hub, resulted in a dip in pre-tax profit in the year ended 31 March 2015. In its latest results, the business saw group revenue climb 0.8% to £485.1m (2014: £481.4m), while pre-tax profit (before exceptional items) slipped 4.2% to £21m (2014: £21.9m). Exceptional items cost the business £11.3, including a £9m goodwill write-off from the closure of UK Pallets earlier […]
Whistl has signed a seven year contract with pension and asset management company Aegon.
Former City Link parent Better Capital has revised up the amount it expects to receive from its investment in the collapsed parcel carrier.
City Link has ordered 85 new Lawrence David single-decker trailers in the second stage of its strategy to update 40% of its trailer fleet by the summer.