Whistl has brought in former TNT MD Alistair Cochrane as it ramps up its presence in the parcel delivery sector. Cochrane spent three decades at TNT UK, serving as MD for four of these before leaving in 2014. He more recently spent two years at Parcelforce as its operations director. He will return to his former sister company Whistl as its chief development director on 2 July. In its results released earlier this month, Whistl announced its intention to increase […]
Having fired the starting gun on the sale of its remaining stake in Royal Mail last week, the government is out of the blocks and has sold 15% of its shareholding to institutional investors.
Profit fell by almost a third at Royal Mail in the first half of the current financial year, as the business invested heavily as part of its ongoing modernisation.
As many as 2,000 Whistl employees in the UK are facing the threat of redundancy, after the company took the decision to suspend its final mile delivery service.