Royal Mail has said it delivered a “resilient performance in challenging markets” despite its group profit falling by a third in the last year. For the year ending 27 March 2016, pre-tax profit fell 33% from £400m to £267m despite turnover increasing 1% year-on-year to £9.2bn (2015: £9.3bn). Turnover derived from GLS, its European operation, was up 9% at £1.6bn, although Royal Mail said it expected this level of growth to slow in the coming years. Turnover from UKPIL – […]
Palletways (UK) saw turnover increase to £163.7m in the year to 31 May 2015 (2014: £146m), according to its latest accounts published at Companies House.
UPS predicts that tomorrow (20 December) will be its busiest day of the year with an estimated 28 million packages delivered worldwide. The parcels giant expects to deliver over 12 million more packages on its busiest day than its daily worldwide average of 15.8 million parcels. It anticipates delivering 527 million parcels globally in the four weeks running up to Christmas, a 9.7% increase on 2011’s 480 million. The carrier also expects a surge in return volumes on 3 January, […]