The significant shift in buying habits towards online shopping is behind the increases in revenue and profits at UPS, new results have revealed. In the trading period ending 31 December 2020, the parcel delivery and courier service reported an 8.3% rise in turnover to £1.2bn and pre-tax profit soaring by 26.5% to £118m. The company said turnover increased due to the move to online shopping driven by the coronavirus pandemic. “The directors expect to see a continuation of this trend,” […]
The sale of Kuehne+Nagel Group’s contract logistics portfolio to XPO Logistics has been sealed after being unconditionally approved by the British Competition and Markets Authority.
Arrow XL has announced two senior appointments as part of its strategic growth plans.
Online sales are set to forge ahead of spending in physical stores for the first time this Christmas, according to the latest data from home delivery specialist ParcelHero.