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 […]
Hermes has won a contract extension from River Island, covering home delivery of clothes, shoes and accessories ordered online.
UPS and TNT Express have submitted remedies to the European Commission to address its competition concerns, extending the review period further. The submission extends the EC’s review period by 15 business days to 5 February 2013. The proposed remedies involve the sale of the business activities and its assets. UPS needs to ensure the long-term viability of these activities and the continuity of service already provided by TNT Express. In order to receive approval, the EC will market-test the remedies. […]