Royal Mail milestone for HVO fleet

Royal Mail has used more than 10 million litres of hydrotreated vegetable oil (HVO) to fuel its heavy goods vehicle (HGV) fleet, saving the equivalent of 30,000 tonnes of carbon dioxide (CO2). The company has hit the milestone after first introducing the fuel in June 2023 as part of its …

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🔒 Billionaire Kretinsky eyes tactical bid for Britain’s Royal Mail

In a strategic move, billionaire Daniel Kretinsky sets his sights on Britain’s Royal Mail through International Distributions Services Plc (IDS). With 28% ownership already secured, his proposed £3.5 billion bid reflects a 73% premium, exploiting market uncertainty. Despite board approval, resistance wanes amid regulatory ambiguity. Kretinsky’s bold play hinges on …

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