Tag Archives: logistics

The government has this morning announced £200m of funding for four flagship projects that aim to catalyse the decarbonisation of heavy goods vehicles (HGVs) in the UK. Announcing the investment, the Department for Transport (DfT) said the grants would help deliver 370 zero emission trucks and 57 refuelling and electric …

Amounting to £49.3 million, the acquisition grants InPost both shares and voting rights in the UK’s leading logistics company Menzies Distribution Group. Marcin Obara/PAP Poland’s parcel delivery and locker provider giant InPost has snapped up 30 percent of the UK’s leading logistics company Menzies Distribution Group. Amounting to £49.3 million, …

By Ian Walker International Distribution Services said Monday that its Royal Mail unit has won a five-year contract with HM Passport office to collect and deliver passports and other documents, including U.K. Visas and Immigration travel documents. The London-listed company said that it has already started delivering some documents on …

What to Think About: WSJ Pro reported that following a February 2022 cyber attack, global logistics business Expeditors International of Washington Inc. shut down much of its network to prevent further damage. The three-week outage resulted in serious operational disruption and led to many customers’ goods not being shipped. One …

Transport and logistics business Warren has taken more than 500,000 sq ft of space at the Daventry International Rail Freight Terminal (DIRFT). The subsidiary of Culina Group has taken two units at the vast Northamptonshire distribution hub, built by logistics real estate giant Prologis. Warren joins Stobart in expanding Culina …

UK postal operator Royal Mail revealed Thursday that it took a vast £200-million ($247 million) hit from recent strikes over pay, deepening the group’s losses. Operating losses hit £295 million in the nine months to December from a year earlier, parent International Distributions Services (IDS) said in a results statement. …

By Michael Susin The U.K.’s Office of Communications said Friday that it has warned Royal Mail it can’t continue to rely on the impact of Covid-19 to justify poor delivery performance. The regulator said an investigation between April 2021 and March 2022 concluded that the postal-services company failed to meet …

By Jaime Llinares Taboada Royal Mail PLC warned on Wednesday that it expects to be materially lossmaking in fiscal 2023 if a proposed strike action takes place. The Communication Workers Union, or CWU, has told the company that it intends to call upon its members to take strike action for …

By Kyle Morris Royal Mail PLC said Wednesday that it will consider the separation of its namesake Royal Mail business and GLS if it can’t achieve significant operational change at Royal Mail in the U.K. The British letter-and-parcel courier said it will rename the holding company to International Distributions Services …

By Kyle Morris Royal Mail PLC said Wednesday that its fiscal first-quarter group revenue fell 11.5% on year and that it was committed to reaching an agreement with a union after a ballot on strike action on Tuesday. The British letter-and-parcel courier said revenue for the three months ended June …