UK’s post office network “beyond tipping point”
The National Federation of SubPostmasters (NFSP) is calling on Government to save the UK’s post office network from collapse with ‘catastrophic’ implications for local communities.
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FarEye teams up with Emirates Post and Landmark Group
FarEye, a pioneer in enabling digital logistics, has partnered up with Emirates Post, one of the largest post and parcel service provider in GCC (Gulf Cooperation Council) and Landmark Group, the largest retailer of the region.
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Royal Mail to convert 1,400 postboxes to fit parcels
Royal Mail is introducing the UK’s first ever parcel postboxes in locations across the country, over a six month period from August this year.
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Amazon helps Deliveroo expand its delivery reach
Deliveroo has announced that Amazon is leading a new $575 million Series G preferred shared funding round, alongside existing investors T. Rowe Price, Fidelity Management and Research Company, and Greenoaks.
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Royal Mail exceeds annual delivery target for Second Class mail, misses target for First Class
Royal Mail’s Quality of Service report for the financial year 2018-2019, published today, reveals it has exceeded its regulatory Second Class mail target of 98.5 per cent, with 98.6 per cent of this mail delivered within three working days.
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Austrian Post predicts parcel capacities to increase by 25%
Austrian Post Group has announced its first quarter results. The company’s revenue amounted to EUR 492.5 million, a slight increase of 0.4% year-on-year.
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Descartes acquires CORE Transport Technologies
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Core Transport Technologies NZ Limited (CORE), an electronic transportation network that provides global air carriers and ground handlers with shipment scanning and tracking solutions.
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Wincanton reports revenue dip but operating profit increase
Logistics firm Wincanton plc has announced its full year results to 31 March 2019. The company’s revenue has declined 2.6% to £1,141.5 million but underlying operating profit increased by 4.5% to £55.3 million.
Read MorePost & Parcel Magazine
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