Royal Mail owner chooses new boss from Dutch subsidiary

T he company behind Royal Mail has appointed its next boss from its rapidly growing Dutch subsidiary following a bruising time for the logistics giant. International Distributions Services (IDS) said that Martin Seidenberg will become chief executive of the group. Since 2020 he has run GLS – an Amsterdam-based parcel …

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Royal Mail revenues slip as parent group IDS names new CEO

Royal Mail revenues slip as parent group IDS names new CEO  Announcement continues downturn in results which saw £1 billion loss last year  GLS CEO Martin Seidenberg announced as new group CEO By Daniel Fessahaye Updated: 05:40 EDT, 20 July 2023 Royal Mail parent group International Distributions Services has named …

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Earnings Flash (IDS.L) INTERNATIONAL DISTRIBUTIONS Services Posts Fiscal Q1 Revenue GBP3.01B

International Distributions Services plc is a United Kingdom-based provider of postal and delivery services in the United Kingdom and the United Kingdom’s designated universal postal service provider. The Company’s subsidiary, Royal Mail Group Limited, comprises the Company’s United Kingdom and international parcels and letters delivery businesses operating under the Royal …

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Royal Mail fleet in the UK to use HVO

Royal Mail is to fuel some of its heavy good vehicles (HGVs) with hydrotreated vegetable oil (HVO). Royal Mail’s Sheffield mail centre, Midlands Super Hub and Manchester vehicle operating centres will be the first sites to transition to HVO with four more locations to follow later on. The locations …

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