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Royal Mail Goes West With £210m Buy-up Of Canada Trucking Giant

R OYAL Mail is tapping into the worldwide surge in online shopping with the £210 million acquisition of one of Canada’s biggest trucking firms. The delivery group’s overseas freight arm GLS International is picking up family-owned freight group Rosenau Transport to expand operations in North America’s $25 billion parcel market, …

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Royal Mail launches third drone trial in a year

Royal Mail has launched its third drone trial in the last year for remote communities. The company is trialling scheduled, autonomous, uncrewed aerial vehicle (UAV) flights with Windracers for two weeks between Kirkwall and North Ronaldsay (both in the Orkney Islands). It will help better connect the islands and the …

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Nathan Evans: Scottish Sea shanty sensation releases new single Ring Ding (A Scotman’s Story) – and you can watch the video here

Nathan Evans, the TikTok sensation, who has released his third single today. The single follows the No.1 successes ‘Wellerman’ and ‘Told You So’, which amassed over six million steams worldwide. Evans, 26, from Airdrie, has accumulated a massive 1.7 billion streams across all platforms and songs and has also built …

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Baystreet.ca – Futures Virtually Unchanged Friday

Futures for Canada’s main stock index were little changed on Friday ahead of September jobs data, as investors waited for cues on the pace of economic recovery against the backdrop of rising inflation. The TSX Composite spiked 224.55 points, or 1.1%, close Thursday to 20,416.21 The Canadian …

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Royal Mail Buys Canadian Trucking Firm to Expand GLS Arm

(Bloomberg) — Royal Mail Plc agreed to purchase Canada’s Mid-Nite Sun Transportation Ltd. for C$360 million ($287 million) to expand in North America.  The acquisition will add to earnings in the current fiscal year, Royal Mail said Friday in a statement. Mid-Nite Sun will become part of London-based Royal Mail’s …

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TSX gains on higher oil stocks, robust employment recovery

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS (Reuters) – Canada’s main stock index gained on Friday as energy stocks jumped on higher oil prices, while a surge in employment numbers to pre-pandemic levels signalled a strong economic recovery. The Canadian economy posted a monster jobs gain in September, putting inflation back …

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