Pallet-Track plans to add 3,000sq m to its central hub in Wenesbury in April after growing volumes by 64% in the year ended December 2005.
Pallet-Track says it moved 414,823 pallets in the year, its second year of operations, compared with 254, 166 pallets in its first year.
Palletline has made a further five-figure investment in state of the art security equipment for its main Birmingham hub. It follows the recent pounds 1.5 million extension to the complex in Tyburn Road, Erdington, and an extensive review of existing and future security requirements.
Read MoreTNT has called an agency review for a GBP3m rebrand of its business-to-business postal services. TNT is to merge its TNT Mail and Circular Distributors divisions under umbrella brand TNT Post. The decision is intended to drive awareness that it can deliver both addressed mail and unaddressed items such as door-drops. Royal Mail is the only other delivery company in the UK currently able to offer both services. The review is likely to take place at the end of this month, with the work set to be predominantly below-the-line, although this is subject to change. It will not cover TNT’s package delivery service, TNT Express.
Read MoreRoyal Mail is pressing the Government to decide whether it will renew its Pounds 150 million subsidy for rural sub-post offices. The push comes after it emerged yesterday that Adam Crozier, its chief executive, had told a group of MPs that more than 10,000 post offices across Britain could close within the next four years if the three-year support package, which ends in 2008, was not renewed. Mr Crozier said that Royal Mail needed a rump of only 4,000 post offices to fulfil its licence obligations for delivering mail. The remaining 10,500, of which 8,000 are loss-making rural offices, needed to gain extra government subsidies or become profitable to survive.
Read MoreGrowth in online shopping surpassed expectations last year. Most of the key annual indicators are now in, and show a consistent pattern. Verdict Research says the UK value was up 28.9 per cent to £8.2 billion, and growth was 19 times as much as in overall retail spending. Interactive Media in Retail Group says Christmas spending was up 50 per cent to £5 billion – a finding echoed by Royal Mail’s increase of 44 per cent in items handled (to 77 million). IMRG’s figure for the whole of 2005 is £19.6bn (calculated on a different basis from Verdict’s). In the US, JupiterResearch says online spending reached $81 billion last year, and will rise 17 per cent to $95 billion this year, increasing to $144 billion by 2010.
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