Royal Mail has admitted it expects to make a loss in this financial year and won’t return to profit unless the business is overhauled to reflect a decline in letter volumes and a boom in parcel deliveries. In its latest trading update covering the five months ending 30 August, it confirmed there had been a substantial shift in the business from letters to parcels and that the growth was being driven by B2C and e-commerce. This led to better than […]
Claims by the GMB union that an Asos warehouse had become “a cradle of disease” after warehouse workers contracted Covid-19 have been firmly rebutted by the retailer, as well as by its recognised trade union.
To measure the impact of the Covid-19 lockdown on the transport and distribution industry, MT has put together a panel of operators across the UK to give regular feedback on their volume of work and vehicles laid up. We will check in regularly with the panel as the lockdown eases to assess how the industry is fighting back as the UK economy recovers from the expected recession.