Former City Link manager Sarah Squire has built a business carrying irregular parcels, and says that by cutting out the hub and keeping the business transparent, she will keep it from meeting her former employers’ fate. On Christmas Day 2014, Sarah Squire turned on her TV and learnt she had lost her job. As City […]
Please login or create a FREE account to read the full article.
City Link appointed administrators on Christmas Eve, temporarily suspending all operations over Christmas, citing continued “substantial losses over several years” and admitted it would be unable to accept new parcels due to the further losses it would incur.
This year has seen many companies in the parcels sector thrive as carriers move record volumes and consumers continue to do more of their shopping online. But while this has encouraged some parcel carriers to invest heavily in their networks and offer more services to their customers, 2013 has also bought with it more challenges […]
City Link parent Rentokil has blamed a decline in both volumes and rates for the parcel firm’s “disappointing” £31.3m pre-tax loss during 2011, compared with a £9.6m loss the previous year, on a revenue down 8.5% to £306.9m. […]