Royal Mail has gone all-in on a strategy based on parcels growth and international expansion to ensure its future, after its annual operating profit collapsed by more than a quarter as the decline in letter deliveries continued apace. In a week that saw Royal Mail unveil plans to convert post-boxes across the UK to take parcels to tap into the SME business sector, its CEO Rico Back laid out the carriers’ five-year plan at the presentation of its annual accounts. […]
The government hopes to give Royal Mail access to the capital it needs to move on its privatisation plans this financial year, business minister Michael Fallon has said.
Royal Mail scooped the Company of the Year accolade at the Women in Logistics (WIL) UK awards last Friday (20 September) in Solihull.
DPD is expanding a number of its sites and investing in a new sorting hub and depots to handle increased demand from online retailers. The £175m investment, which follows a period of growth after the launch of its Predict service, includes a £12m investment in building 10 new depots, £20m of funding to upgrade its Sheffield and Thetford depots, as well as opening a £100m East Midlands sorting hub. The expansion is expected to create 1,500 full-time jobs. A spokesman […]