Royal Mail’s European parcels division remained the business’s driving force in the nine months ended 24 December 2017, while its UK letter volumes and turnover continued to dwindle. GLS saw both its volume and turnover grow by 10% in the period, against a group revenue increase of just 2%. In a trading update, Royal Mail said growth was particularly strong in Italy, Denmark and Eastern Europe, but warned that cost pressures in some European and US labour markets could impact […]
Netherlands-based post and parcel firm PostNL – parent company to TNT Post -has sold part of its stake in TNT Express.
Royal Mail is planning a nationwide roll out of its ‘Delivery to Neighbour’ service in late September, to bring its final mile service more in line with competitors. Currently the only major delivery company not offering the service, it is awaiting regulatory approval from Ofcom, which will allow Royal Mail to deliver large parcels and items that require a signature to neighbours when customers are out. Mike Newnham, Royal Mail’s chief customer officer, says: “The results of the trial showed […]