Royal Mail’s sale to Czech billionaire Daniel Kretinsky has taken another step towards completion, after it got the green light on national security grounds. Pat McFadden, the chancellor of the Duchy of Lancaster, approved the deal under the National Security and Investment act. The Cabinet Office said it means the …
Read More »
STORY: The British government approved a multi-billion dollar takeover of the country’s iconic postal service Royal Mail on Monday (Dec 16). EP Group – owned by Czech billionaire Daniel Kretinsky – has bid $4.5 billion for International Distribution Services – or IDS – which is Royal Mail’s parent. IDS agreed …
Read More »
Logistics and mail group International Distributions Services on Tuesday said it had appointed Emma Gilthorpe as chief executive of its subsidiary Royal Mail. Gilthorpe will join the embattled British postal operator on May 1, working with group chief executive Martin Seidenberg before taking over fully later in the summer months. …
Read More »
Work at USPS? Tell us what you working conditions are like by filling out the form below. All submissions will be kept anonymous. A USPS employee works outside post office in Wheeling, Illinois December 3, 2021. [AP Photo/Nam Y. Huh] The WSWS recently spoke with a rural letter carrier for …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
It is currently reporting that users are having issues with the Royal Mail site, with 91% of concerns being about the tracking of parcels and letters People are struggling to track their parcels ( Image: SOPA Images/LightRocket via Getty Images) Royal Mail’s website to track your parcel appears to be …
Read More »
The Communication Workers Union (CWU) said its members are taking industrial action for a “dignified, proper pay rise” after they voted in favour by 97.6 per cent in a ballot Video Loading Video Unavailable The video will auto-play soon8Cancel Play now Royal Mail: Thousands of postal workers strike over pay …
Read More »
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 …
Read More »