Royal Mail’s “astonishing reversal of fortunes” after the online shopping surge during the pandemic means it expects to make an adjusted operating profit of £700m, more than double last year’s £325m. In a pre-close announcement, the postal group said it would continue to focus on its international and B2C work, identified as key growth opportunities. Its international subsidiary, GLS, is expected to grow revenue at around 12% between 2019/20 and 2024/25 and more than double its operating profit to Euros […]
Chancellor Rishi Sunak is mulling a new tax on deliveries, according to Downing Street, as part of plans to revive the high street and cut emissions and congestion.
Aztek Logistics has opened a fifth warehouse in Letchworth Garden City after seeing a surge in demand including a double-digit increase in service enquiries over the past three months.
Hermes has extended its deal with last mile delivery tech firm PostTag after positive results following a six-month trial.