Tag: UK

Bill Reid to head new ‘LYNX at Home’ Division

Experienced LYNX Express Executive Bill Reid has been appointed director of the company’s new ‘LYNX@Home’ division.

‘LYNX@Home’ is a partnership with the established LYNX partner Redcats who provide a ‘last mile’ courier service through 2,000 strong Courier Link home delivery agents. Leveraging off the complementary business strengths of the LYNX network and the Redcats home delivery agents, ‘LYNX@Home’ is able to offer a wider range of distribution solutions its customers. The new service offers fulfillment houses and internet based companies the opportunity to expand into the home delivery market with the confidence that the distribution element of their business will be in good hands.

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Inquiry into March UK ltd acquisitions

The Competition Commission has sent an issues letter, to March UK, as part of its inquiry into the recent acquisition of the home shopping and home delivery businesses of GUS.

Such letters are always sent before the Commission has reached any conclusions and are designed to highlight matters that have been identified for further consideration. This statement is being made public to give interested parties the opportunity to bring to the Commission’s attention, in the next two weeks, any further points that they wish to raise. The Commission has reached no conclusions about whether any matters operate or may be expected to operate against the public interest and will not do so until after it has discussed these issues with the parties concerned.

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Leighton in direct bid to end UK postal strike

Royal Mail chairman Allan Leighton unexpectedly turned up at a mass meeting in an unsuccessful bid to persuade postal workers to end an unofficial strike.

He addressed hundreds of postmen and women in Greenford, west London, where wildcat action had started and has since spread to other parts of the capital.

The workers listened to Mr Leighton, but then confronted him with allegations about bullying and intimidation by managers as well as complaining about their pay rates.

“He went away with his tail between his legs,” said one of the strikers.

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Exel propelled to second place on the FTSE

Speculators were taking a sudden and unusual interest in the logistics industry as a flurry of buy orders propelled Exel to second place on the FTSE 100 leaderboard.

The shares of the freight forwarding and supply chain specialist ended 23p higher at 766p as talk of a bid from Deutsche Post, Europe’s largest postal service provider, swirled around the dealing rooms again.

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