Royal Mail’s overseas division was still driving business growth in Q1 of its financial year, as letter volumes continued to plummet. For the three months ended 25 June, the first quarter of Royal Mail’s financial year, the group saw turnover growth of 1%. Its UK letters and parcels division, UKPIL, suffered a 1% turnover drop, while its overseas GLS grew revenue by 6%. Within UKPIL parcels volumes grew 5%, which the group said was driven by new contracts and growing […]
Royal Mail is to open 10 temporary parcel sorting sites between now and Christmas to sort a significant amount of its peak volumes.
Royal Mail is considering applying a fuel surcharge to some of its contract parcels and mail services, while rival carrier UK Mail has reduced parcel prices for SMEs.
Royal Mail missed its first class mail delivery target last year, after it experienced final mile delivery difficulties during the Olympic and Paralympic Games, as well as the wintery weather throughout January, February and March.