Royal Mail is to make deeper cost savings across the business, as its half-year results report a 1% rise in group turnover. For the six months ended 25 September, Royal Mail saw group turnover increase from £4.39bn to £4.58bn. Operating profit (before transformation costs) dipped 5% from £342m to £320m, with adjusted pre-tax profit up 5% from £240m to £252m. UKPIL, the group’s domestic letters and parcels division, saw turnover dip 1% to £3.64bn and operating profit (before transformation costs) drop 14.8% from £290m […]
Royal Mail is opening eight temporary sorting centres to handle the expected rise in parcel volumes this Christmas. The centres will be dedicated to sorting a ‘significant proportion’ of the parcels handled by the firm before they are distributed to regional depots across the country. Temporary operations will be phased in across the peak period and will open in Edinburgh, Glasgow, Swansea, Bolton, Tamworth, Peterborough, Swindon and Greenford, west London. Managing director of operations and modernisation Mark Higson said: “Christmas […]
DPD is to begin delivering parcels seven days a week to meet demand from e-commerce customers.
Hermes has spent £18m on handheld technology to improve its customers’ experience.