UPS is to build a £120m package sorting and delivery facility at DP World’s London Gateway. The project, which is said to be one of UPS’s largest ever infrastructure investments outside of the US, will see the construction of a 32,000m² facility which will act as a UK hub and DC for the local area, as well as a key gateway to UPS’s global transportation network. It will be able to process around 30,000 packages per hour, with room for […]
Marks & Spencer (M&S) will complete the UK supply chain transformation it began in 2009 by building a major new DC at the London Gateway container port and logistics park.
TNT Express saw a 13% drop in EMEA operating profit in the third quarter, despite a 3,2% turnover rise, due to “challenging trading conditions in Europe”. The parcel firm, which last week received a statement of objections from the European Commission ahead of its acquisition by UPS, did not perform as well in its EMEA operations as it had during the same period in 2011, its Q3 trading results revealed. Reported operating profit margins fell from 6.4% in Q3 2011 […]
Royal Mail and the Communication Workers Union have made “significant progress” in avoiding stike action at the recently privatised business.