FedEx: improved third quarter results

FedEx Corp. has reported financial results for the quarter ended February 28 with operating income of $1.3 Billion, up 32% Year Over Year. “The continued execution of our strategies drove improved third quarter results,” said Frederick W. Smith, FedEx Corp. chairman and chief executive officer. “I am proud of our …

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Royal Mail: We are transforming the way we process parcels

A new fully automated parcel sorting machine which can process 195,000 parcels per day has been installed by Royal Mail in Nottingham.  The parcel sorting machine is an intelligent system of conveyor belts and scanning technology that automatically sorts parcels for despatch within Royal Mail’s network.  Based in Royal Mail’s Nottingham Mail Centre, the parcel sorting …

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Operators slam P&O Ferries amid battle to re-route freight

  International hauliers have hit out at P&O Ferries amid an ongoing struggle to find alternative freight routes following the operator’s decision to axe 800 staff and suspend services. The move has heavily impacted cross-Channel freight and has serious implications for Great Britain – Northern Ireland/Republic of Ireland shipments during …

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