Royal Mail has bought parcel data management platform NetDespatch as part of its ongoing efforts to boost its technological capabilities. The company already provided some medium-sized Royal Mail customers with shipping labels. It allows carriers to provide their customers with online applications and services that use delivery data, generated from order management and warehouse systems. This is then used to print shipping labels and customs documentation, as well as generate data files. Royal Mail said that the acquisition will complement […]
Royal Mail shareholders have been advised to sell their shares in the wake of the newly announced pay and pension deal.
Hermes has revealed that its ParcelShops have handled more than 870,000 parcels since the concept was introduced in June.
The big event for the MT basket of transport shares – the MT Tracker – is that Royal Mail will be joining this watching brief from tomorrow. The BBC is already reporting this morning that shares will trade at the top of the price range (around 330p) giving it a value of £1.7bn.