Tag: UK

APC increases turnover

APC Overnight announced a 16% increase in turnover to GBP37m for the year ended March 31 2005. Profit rose i line, APC said, but it declined to give details ahead of confirmation by auditors.

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Target invests

Target Express has invested GBP2m in a new, 3,000 sqm depot at Bicester Park, close to the M40 and A34. The site will amalgamate two depots at Aylesbury and Abingdon.

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TPN close to share offer

The Pallet Network is set to open up its share holding to network member companies. Chairman Richard Eldred is canvassing views among 70-strong network membership and from firms that are considering joining.
The member-owned model is seen to have worked well at Palletline and at PalletForce. Indeed, PalletForce is setting the pace among the middle-ranking pallet networks. And some TPN members of the APC parcels firm.

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UK Postal Services: Doors open on mail

The postal landscape is changing as Royal Mail finally steps aside to let new operators through. Postal deregulation has been on the cards for years but is finally starting to happen. Some banks and utilities are switching to competitors of Royal Mail, a vote of confidence that could encourage other volume mailers to follow. Full liberalisation was originally set for April 2007, with a staggered schedule that would give Royal Mail time to overcome its financial problems before facing the competition. However, thanks to the company’s rapid recovery, the government was recently able to bring the date forward to the beginning of next year. In practice much has depended on Royal Mail opening up its delivery network to competitors, as it is difficult for new entrants to set up an infrastructure from scratch. That has been a problem, postal experts say, as until recently it showed reluctance to do so.

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