Jersey Post buys Fraser Freight in one of “most challenging years” to date


Jersey Post has bought Portsmouth haulier Fraser Freight, after what the carrier described as one of its “most financially challenging years” to date. The postal operator said that the acquisition was a move to open new revenue streams, off the back of the declining letters market. Since 2007, Jersey Post’s letter volumes have fallen by 60%, although this has been offset by a 200% rise in packages and parcels. The operator’s chief executive Tim Brown, said: “2016 is one of […]