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. […]
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Delivery specialist DX has opened a new 20,000sq ft depot in Glasgow at Gartcosh Industrial Park as part of its £10m capital expenditure programme.
Parcel delivery company DX Group has invested another £3m to boost its fleet of electric vans for exclusive use in its delivery and logistics partnership with IKEA. The funding, which will see 53 new electric vans added to the fleet, is the group’s second major round of funding in electric vehicles for its IKEA contract. […]
UK Mail Group has made a “satisfactory” start to its financial year, with revenue up by 13% compared with the same period last year, or by 10% if excluding Royal Mail price hikes implemented on 2 April. First-quarter results, for the period 1 April to 10 July, show mixed fortunes across the group’s four divisions […]