TNT’s new Swindon DC is complete and in use, and is expected to be fully operational by the end of the year. The parcel hub and adjoining depot on Highworth Road, Swindon, was developed by IDI Gazeley over a 26 week period. TNT reportedly chose the site because of its proximity to junction 15 of the M4, which it said will provide fast connections to customers across the south and south west. Simon Harper, director of operations at TNT UK, […]
Yodel has hinted that this financial year it will move into profitability for the first time since the business’s formation in 2010, off the back of increased volumes and new business wins.
UK Mail Group has made a “satisfactory” start to its financial year, with revenue up by 13% compared with the same period last year, or by 10% if excluding Royal Mail price hikes implemented on 2 April. First-quarter results, for the period 1 April to 10 July, show mixed fortunes across the group’s four divisions – parcels, mail, courier and pallets – with tight cost control remaining a key focus across the board. The parcels business showed good growth in […]
Menzies Distribution has bought Scottish parcels carrier Oban Express to boost its service offering in remote locations.