Currently restricted to remote communities, Royal Mail hopes to expand its drone fleet to 500 units once it receives Civil Aviation Authority approval … Source link
Read More »Royal Mail plc (OTCMKTS:ROYMY) Short Interest Down 76.5% in April
Royal Mail plc (OTCMKTS:ROYMY – Get Rating) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totalling 2,800 shares, a drop of 76.5% from the April 15th total of 11,900 shares. Based on an average trading …
Read More »Royal Mail plc (OTCMKTS:ROYMY) Short Interest Down 76.5% in April
Royal Mail plc (OTCMKTS:ROYMY – Get Rating) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totalling 2,800 shares, a drop of 76.5% from the April 15th total of 11,900 shares. Based on an average trading volume of 6,000 …
Read More »Royal Mail to increase use of drones by creating 50 new ‘postal drone routes’
R oyal Mail will increase its use of drones for deliveries by creating 50 new “postal drone routes” over the next three years. The company said the move would help provide faster and more convenient services for remote communities. Drones will also help further reduce Royal Mail’s carbon emissions, the …
Read More »Royal Mail to deploy drones to help deliver mail in Scotland’s most remote communities
Royal Mail is set to deploy drones to help deliver the post in some of the most remote communities in Scotland. The delivery firm today announced a new partnership with Windracers in a bid to scale up its use of drone technology. Bosses at the Royal Mail hope to create …
Read More »Royal Mail is building 500 drones to carry mail to remote communities
Royal Mail is building a fleet of 500 drones to carry mail to remote communities all over the UK, including the Isles of Scilly and the Hebrides. The postal service, which has already conducted successful trials over Scotland and Cornwall, will create more than 50 new postal drone routes over …
Read More »Royal Mail ramps up drone deliveries with 50 new routes
Mr Thompson is already in talks with Network Rail to dramatically increase transportation of letters and parcels by train in a bid to reduce the dependency on lorries. He said: “On time delivery regardless of our customers location or the weather, whilst protecting our environment is our goal. Even though …
Read More »Royal Mail admits one in five first class letters don’t arrive the next day
Royal Mail have admitted that not all items sent first class arriving next day, saying their performance “needs to improve.” The postal giant has revealed that only four-fifths of post sent first class actually arrives the next day as its supposed to. Royal Mail has normally met this target, including …
Read More »Royal Mail (LON:RMG) Receives Overweight Rating from Barclays
Royal Mail (LON:RMG – Get Rating)‘s stock had its “overweight” rating restated by analysts at Barclays in a note issued to investors on Monday, Marketbeat Ratings reports. They currently have a GBX 400 ($4.93) price objective on the stock. Barclays’s target price points to a potential upside of 21.18% from …
Read More »Royal Mail (LON:RMG) Receives Overweight Rating from Barclays
Royal Mail (LON:RMG – Get Rating)‘s stock had its “overweight” rating reiterated by analysts at Barclays in a report issued on Monday, MarketBeat.com reports. They currently have a GBX 400 ($4.93) target price on the stock. Barclays‘s price objective points to a potential upside of 21.18% from the stock’s current …
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