Woodside Haulage joins Pall-Ex
The Pall-Ex network has appointed Woodside Haulage its sole Northern Ireland member.
Read MoreTag: UK
EWS may sue over Royal Mail contract
Royal Mail’s decision to stop using rail from next March could land the company in court. UK rail freight operator EWS provides train services to Royal Mail under a 10-year contract that runs to September 2006. EWS planning director Graham Smith told IFW that although the company did not want to go down the legal route, Royal Mail had “a genuine commitment to honour this agreement”. EWS operates 49 trains a day for Royal Mail across the UK rail network, hauling 20m items, including 25% of all firstclass mail. The traffic represents 10% of EWS’s business.
Read MoreUK Express Dairies ready to deliver
The milkmen of Express Dairies, the milk and cream producer, will soon be delivering contact lenses, CDs and books during the morning round.
Express will discuss the service in its full-year results, to be posted tomorrow. The company is expected to reveal profits of pounds 11.7m, after restructuring costs, and sales of pounds 675m. This is compared to a lost last year of pounds 10.1m. However, its sales have fallen following the disposal of subsidiaries such as its UHT milk-making business.
The company won a postal licence last year, so it is able to compete with Royal Mail for the delivery of letters and parcels. It is already delivering around 20,000 items per week, although analysts are not expecting this to have had a significant effect on the results.
Read MoreStamp price increase curbed by regulator
AN POST cannot rely on price increases to bolster its financial position intimes of difficult market conditions, the Commission for Communications Regulation said yesterday.
Responding to an application from the postal service for a 7c price increase in the price of a domestic stamp, the regulator said a price increase to help the company return to profitability was “not the full solution” and that An Post would have to increase the volumeof mail delivered while also cutting costs.
Read MorePublic comment on stamp costs sought
An Post’s proposals for stamp price increases have been published and opened to public comment by the Commission for Communications Regulation (ComReg).
The application made by An Post to ComReg includes an increase in stamp prices from 41c to 48c. It is understood that this price increase, coupled with other proposed price rises, will result in an increase of 5 per cent of An Post’s turnover.
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