Parcel delivery warehouse acquired for £13.3m

A large Royal Mail parcel delivery warehouse in Sheffield has been acquired by a property investment firm in a £13.3m deal. InfraRed Capital Partners, on behalf of the InfraRed Urban Logistics Income Fund (IULIF), has completed the off-market acquisition of a 151,000 sq ft single distribution unit. The property is …

Read More »

Royal Mail delivers record number of parcels

It delivered an extra 117 million packages as confined consumers turned to online shopping after the closure of non-essential retail on 23 March. Amazon accounted for a large proportion of packages, but Royal Mail said deliveries were still up 64% after the etailer was excluded. Source link

Read More »

Royal Mail sees parcel volumes grow 38%

21 July 2020 Transport / Logistics Services Royal Mail has seen domestic and international parcel volumes surge by a combined 38% year on year in the first quarter (three months to 28 June). Domestic parcels grew by 64%, excluding those parcels delivered for Amazon. Letter mail fell by 33%, a drop …

Read More »