Parcelhub has opened a Leicester-based 10,000 sq ft depot at Meridian Business Park, just off Junction 21 of the M1, which will create 10 new jobs. The new depot is part of expansion plans for Parcelhub’s daily parcel collection service for SME and mid-market retailers, wholesalers and brands in Leicestershire, Rutland and the north of Northamptonshire. The depot will give extra capacity and improved collection performance for its existing East Midlands-based clients. Currently Parcelhub’s Nottingham depot collects and redistributes up […]
DX Group said significantly increased volumes would result in revenue growth £10m higher than previously anticipated and as a result it would repay government support provided during the pandemic.
The RMT union has called off a week-long strike at City Link after the parcel carrier applied for an injunction at the High Court.
City Link parent firm Rentokil Initial says its recovery plan for the parcels courier is on track despite posting an £18.5m operating loss for the first six months of the year. This 3.8% year-on-year reduction of its operating losses came as revenue rose 3.5% to £149.5m for the six months ending 30 June. Alan Brown, CEO at Rentokil Initial, says: “We expect losses to reduce further in Q3 and for the business to be profitable in Q4.” Revenue for the […]