Business Post has been busy recewntly. This leading express carrier has re-organised itself into six distinct business units: these go under the titles of Express, HomeServe, International, UK Pallets, UK Today and UK Mail.
Read MoreBusiness Posts express division has won a contract worth £3.5m a year with computer specialist Systemax which trades in the UK as Globaldirect, Misco and Simply Computers.
Read MoreRichard Martin, formerly head of Christian Salvesens industrial division will start a new job in September as md of a new palletised freight business to be launched by Business Post.
Read MorePostcomm today began consultation on an application from UK Mail Ltd for a modification to its interim postal licence. If granted, the modification would enable the company to provide a full postal service to an unrestricted range of existing customers in the event of serious industrial disruption to the universal service.
Read MoreAt the AGM today of Business Post Group plc, one of the UK’s leading express delivery companies, the Chairman, Peter Kane, issued the following update on current trading and prospects:
“I am pleased to report an encouraging start to the financial year. Parcel revenues in the three months ended 30 June 2002 were 14% ahead of the equivalent period in the prior year. In addition to the impact of the contract with FedEx, which commenced in September 2001, revenues also benefited from strong levels of new business and improved levels of customer retention, more than offsetting the effects of the turnover lost following the collapse of Tiny Computers at the end of January 2002.
Our strategic investments, notably in our franchise network and our newer and smaller businesses (HomeServe, International, UK Today and UK Mail), have increased our costs, as expected. However, our cost base remains tightly managed, service performance levels remain very high and, as a consequence, our overall results to date are in line with plan.
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