Challenging market conditions in the UK and Europe combined with the loss of a major fashion contract saw pre-tax losses widen and turnover fall at TNT UK last year. Its annual results for the year to 31 December 2014 showed a 2.4% drop in turn-over to £725m last year (2013: £742m). Pre-tax losses increased almost threefold to £18.6m (2013: £6.4m). The directors’ report attributed declines to depot changes as well as major roadworks close to its sorting hubs, which it […]
DPD has revealed its parcel volumes are at record levels as the COVID-19 pandemic triggers a massive spike in home deliveries.
The RMT union has called off a week-long strike at City Link after the parcel carrier applied for an injunction at the High Court.
The European Commission (EC) has hit Scania with a €881m (£771m) fine after concluding that it broke EU antitrust rules.