Royal Mail has revealed that its UK operation saw a 2% year-on-year decline in turnover in the first quarter of its financial year, just a day after reports that the company submitted an objection to an ongoing Ofcom investigation into its pricing regulations emerged. While the revenue in UKPIL, Royal Mail’s post and parcel operation in the UK, was subject to decline, turnover at GLS, its international operation, saw an 8% rise. Parcel revenue within the group saw a 2% […]
John Mitchell (Grangemouth) has reported a significant rise in profit after cost-control measures and a focus on its warehousing arm.
Maritime Transport posted its 13th consecutive year of turnover growth, before it incorporated contributions from Roadways Container Logistics (RCL) into its business.
Wincanton will be back in the black this financial year as the group’s extensive restructuring and disposals programme bears fruit. Wincanton chief executive Eric Born tells MT: “When [we] started this programme we said it would take two years to arrest the decline. We are bang on track. It’s absolutely what I’m expecting.” A year of restructuring and disposals saw it sell its European operations to focus on the UK and Ireland, dispose of its 20% shareholding in Culina Logistics […]