Tag: UK

Tuffnells show strength in year of change

Posted by | Jul 27, 2006 | |

Tuffnells Parcels Express saw a rise in turnover to £‘78lm for the year ended December 32 2005, fromf75.7min 2004. Pre-tax profits fell to £3.9m from 4.1m in 2004.

The directors state: “The present intention is to continue the growth and the development of the existing business of the company and the directors consider the future prospects to be satisfactory”

The number of employees at the company was 1,695 in 2005, up from 1,371 the year before. Of this 1,262 worked in haulage in 2005, compared with 1,025 in 2004.

Staff costs were £25.6m in 2005, up by £1.lm over the year before. The directors recommend payment of a dividend of £2m in 2005, compared with £2.8m in 2004.

Tuffnells’ results look good, considering the tough trading conditions in 2005 and that the company went through change in ownership following a management buy-out led by chief executive Lloyd Dunn, formerly with TNT.

The f33m buy-out was backed by Bank of Scotland.

Finance director Bill Rogers, who formed a two-man executive board with Lloyd Dunn at the time of the buy-out, left two weeks ago in a move that surprised staff

Dunn was away on holiday this week and no details are available.

Financial reports
Motor Transport’s new financial reports highlight the performance of Larger private companies as well as the publicly-traded groups. They show the firms that are strong and doing well and others that are undergoing teas comfortable change.

Read More

DX wins N. Ireland civil service mail contract

Posted by | Jul 27, 2006 | |

British mail and parcels carrier DX Network Services has been awarded a province-wide courier contract by the Central Procurement Directorate for the Northern Ireland Civil Service, to carry mail between Northern Ireland Government Departments.

The contract, which commenced on 3 July 2006, is for an initial twelve-month period, with options to extend for a period of up to three years. DX will provide a daily door-to-door collection and delivery service for mail, pouches and boxes across 138 addresses, for all Civil Service Departments.

Paul Kehoe, CEO DX Network Services commented: “We are delighted to have been awarded this contract for the Northern Ireland Civil Service. It is particularly pleasing to have won the business in the face of strong competition from other major industry players.”

The contract was awarded as a result of going through a fully compliant framework arrangement, following Procurement Regulations and the requirements of the new European Procurement Directives.

Read More

UK Royal Mail posts RFID tags to monitor deliveries

Posted by | Jul 27, 2006 | |

Royal Mail is using radio frequency identification (RFID) technology to monitor the flow of post, to identify problem areas and improve delivery services.

Last year more than 14 million letters were lost, stolen, damaged or tampered with, and more than seven per cent of mail was not delivered on time.Royal Mail is using radio frequency identification (RFID) technology to monitor the flow of post, to identify problem areas and improve delivery services.

Read More

Internet top source for home-delivery orders

Posted by | Jul 27, 2006 | |

Over half of all home-delivery shoppers say they place orders online, compared to under a quarter two years ago. The findings come from a report by retail authority Verdict Research into the home-delivery business. The GBP 37bn business has been in a state of steady decline despite booming sales through online and TV shopping. While Internet sales have increased 28.9%, they have been unable to counter the losses in the mail order and door-to-door sales sector.

verdictresearch.co.uk

Read More

Could a first-class disaster soon wipe the smile off this postmaster's face? Post offices have provided key services for years, but with the industry in crisis we may just have to learn to live without them.

Posted by | Jul 25, 2006 | |

How much is a community worth? That is the decision confronting MPs and MSPs in a few weeks, as the nation wakes up to the fact that more than 10,000 post offices, including more than 1100 in Scotland, are now under real threat of closure.

Post Office chiefs told MPs last week that only 4000 offices out of 14,400 were viable, while losses had doubled from GBP2m to GBP4m a week directly due to loss of government business. In September, an obligation to stop avoidable closures runs out, and the government is due to give notice on what in 18 months will replace a GBP3m-a-week subsidy for “rural” offices – serving communities of up to 10,000 people each. A petition calling on the government to save the network last week reached two million signatures.

Postwatch, the independent watchdog, says it has been expecting government consultation to begin since last December, but it has been “repeatedly delayed and will not now take place in time to inform the decision on future funding”. In May the government said John Prescott would chair a cabinet committee on the Post Office. It is at last to meet for the first time this week, just as MPs head off for their 11-week summer break.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest