Menzies Distribution is looking increasingly towards the parcels market as it looks to diversify the business to offset falling revenues from its core newspaper distribution business. Paul McCourt, Menzies Distribution MD, told Motortansport.co.uk that the parcel division, dubbed Menzies Parcels, had grown rapidly after the operator introduced its diversification strategy 15 months ago. Pointing out that Menzies Distribution was almost entirely a newspaper distribution business until 2013, he said: “We are now working with every single national parcel carrier.” McCourt […]
Rentokil Initial has sold City Link to turnaround investment firm Better Capital.
UK Mail has secured a 231,000ft² plot of land in the West Midlands to develop its new hub.
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.