Whistl has said it has strengthened its letter collection and sorting division with a series of contract wins that have boosted its downstream access (DSA) volumes. Its biggest win comes in the form of Hotter Shoes, of which it is set to deliver 21 million items a year. It has also agreed mail delivery contracts with Serco and Griffin Media. The company said that the recent client wins would see it handle over 3.75 billion items of mail this year. […]
The government has confirmed it will sell shares in Royal Mail on the London Stock Exchange in the next few weeks.
Whistl saw its pre-tax profit crash by more than 400% last year after ending its foray into the final mile delivery market, but predicts it will have recovered by the end of 2016.
CitySprint experienced a 41% rise in same day retail deliveries in June, but saw a 15% drop in orders during the Olympic games. The same day distribution company reported that orders were up 10% on figures for April and May, during a month of unseasonably wet weather that saw shoppers avoiding the high street. Patrick Gallagher, CitySprint chief executive, said: “Whilst delivery volumes fluctuate throughout the year, June was a particularly strong month for us, and I suspect that this […]