Parcelforce Worldwide has cut operational losses by 40% from £98m to £59m in the first half of the year following the termination of uneconomic contract and continue job losses.
In the past year the firm has restructured including a change in focus to entirely handling express, time-guaranteed parcels for business customers.
The pace of moving to the planned level of owner-drivers is now behind schedule due to “the prevailing industrial relations climate”.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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