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 […]
UK Mail is anticipating a fall in both pre-tax profit and turnover for the year ended 31 March 2016 after the installation of incompatible technology incurred huge costs.
Parcel carrier DPD has revealed plans to invest £3.7m in four new depots in Smethwick; Sheffield; Snetterton, Norfolk and Billingham, Teesside as part of its £175m strategy to handle increased volumes.
UPS has launched a new click and collect service across 600 locations in the UK.