UK Mail remains confident about its long-term prospects, and has now got a handle on problems at its new sortation hub that are set to have a significant impact on its full year earnings. In a trading statement released today, the group said its overall group performance was “in line with [the] revised expectations” outlined in its latest figures for the year ending 31 March 2015. The operator was forced to move to its new hub in Coventry because […]
The success story of the first half of the year, without doubt, is UK Mail. It simply, absolutely, will not stop, moving parcels with volumes up 25% in the first quarter year-on-year. If you had bought a share in the firm in January, it would have set you back 365p (giving the firm a market capitalisation of £199m). If you would buy one today it is 580p (giving UK Mail a market cap of £319m). That’s a share price rise […]
DPD customers will be able to instruct drivers to avoid making deliveries at specific times, such as the school run, with the launch of the carrier’s new app Your DPD.
Menzies Distribution has bought its third company within a year with the acquisition of Aberdeen-based Thistle Couriers for an undisclosed sum.