Royal Mail offset declining letter volume with its growing parcels operation in a year that saw it surpass the £10bn turnover mark for the first time, but saw pre-tax profit fall by more than a third (37%). For the year ended 25 March the group saw its turnover rise 2% to £10.2bn (2017: £9.8bn) but pre-tax profit tumbled to £212m compared with £335m a year ago. The share price of the country’s biggest road freight operator fell 6% (35p) shortly […]
The Pallet Network (TPN) enjoyed “unprecedented volumes” last year as it rebounded from the effects of Covid-19 thanks to thousands of people partaking in DIY jobs around the home.
Kinaxia Logistics has agreed a five-year warehousing contract with toy firm James Galt & Co.
Rhenus Logistics managed to increase turnover and profit last year in the face of an extremely challenging period.