Whistl saw a leap in pre-tax profit in its first full-year results since the MBO that saw it separated from its PostNL origins. For the year ended 31 December 2016, Whistl recorded pre-tax profit of £8.4m; a 145% increase on 2015’s loss of £18.7m. Chief executive Nick Wells said this was a result of the hit Whistl took from the collapse of its final mile delivery operation, which cost the business £10m before its investor LDC withdrew. Wells told Motortransport.co.uk […]
TNT is to build a new 600,000ft² hub in Dartford.
Royal Mail has confirmed CEO Moya Greene will retire in September, with the boss of its GLS division taking her place from 1 June.
Turnover and pre-tax profit at Royal Mail Group continued to climb last year, despite increased competition in the parcels sector and declining letter volumes.