Mailbox Express joins Fortec
Mailbox Express has joined UK distribution network Fortec. The company, which operates in both pallets and same-day collections and deliveries, has since moved to larger premises in Wshington, Tyne & Wear.
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Palletline network expands again
Palletised distribution specialists Palletline Plc continue to expand their nationwide network with the recruitment of Cheshire-based G A Newsome (Haulage) Ltd to provide high quality distribution services for parts of the Crewe area. The addition of G A Newsome to the network brings Palletline’s total number of depots close to 60.
Read MoreBuoyant DX is delivering the goods, UK
DX SERVICES, the business-to business mail company, has attracted investment from three top backers.
They have warmed to its potential for exploiting the opening up of the postal market to competition.
DX SERVICES, the business-to business mail company, has attracted investment from three top backers.
DX, which stands for document exchange, demerged from specialist recruitment firm Hays last November.
DX’s services include collection, delivery and sorting for 27,000 customers. The shares surged when they began trading on November 1.
The postal market is estimated to be worth about Pounds 5.8 billion and is expected to be fully open to competition by next January. DX, which has a stock market valuation of Pounds 285 million, won a seven-year postal licence in June. This frees it from relying on Royal Mail, unlike rivals such as Business Post.
Read MoreUPS upbeat over forecast for 2005
UPS has insisted its weak performance in the last three months of 2004 was an isolated blip and forecast “solid” growth this year, driven by surging international business, particularly in China.
However, guidance for first-quarter earnings was at the lower end of analysts’ expectations, deepening concern that the world’s largest package delivery company could be losing ground to rivals FedEx and DHL.
UPS pledged to reduce annual costs by Dollars 200m and launch an initiative to win more business from mid-sized US businesses in response to its disappointing end to last year.
The company warned two weeks ago that its fourth-quarter earnings would fall below expectations because of reduced growth in domestic ground deliveries.
Read MorePostcomm ruling triggers Royal Mail pricing rethink
Royal Mail has been forced to overhaul its pricing strategy following a Postcomm investigation into anti-competitive practices. The Postcomm probe, launched over a year ago followed a complaint from a rival company that Royal Mail was offering unfair discounts to secure business. Postcomm concluded that two schemes – the catalogue customer reactivation and acquisition test, and the Mailsort 3 incremental ad promotion – were anti-competitive. Royal Mail has agreed to tighten up its internal compliance procedures as a result. Postcomm chairman Nigel Stapleton says: “We are being very watchful that Royal Mail is not using its dominance to freeze out competitors. We have extensive powers to deal with anti-competitive behaviour, which we will not hesitate to use. “We will continue to investigate complaints from competitors who feel their business is being threatened by unfair Royal Mail actions.”
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