Royal Mail has enhanced its popular Parcel Collect service in the run up to Christmas with posties set to deliver pre-printed postage labels to customers who need them. The move enables customers without a printer to feel the benefit of Parcel Collect, where posties collect parcels for delivery while carrying …
Read More »Royal Mail : No printer? No problem! Royal Mail will now bring labels and collect your parcel from your door
Royal Mail has enhanced its popular Parcel Collect service in the run up to Christmas with posties set to deliver pre-printed postage labels to customers who need them. The move enables customers without a printer to feel the benefit of Parcel Collect, where posties collect parcels for delivery while carrying …
Read More »Royal Mail to offer additional contributions for CDC scheme lump sum payments
Members of the Royal Mail Collective Pension Plan (RMCPP) who choose to save for an additional lump sum payment will receive an extra 1 per cent in employer contributions, its half-year report has revealed. The RMCPP will comprise a collective defined contribution (CDC) section and a defined benefit lump sum …
Read More »Thursday preview: Philly Fed, Royal Mail in the spotlight
The key data release on Thursday was expected to be the Philly Fed´s regional manufacturing index, which economists believed would reveal a small improvement in activity levels for the month of November. As ever, investors would likely also be keeping close tabs on the latest weekly unemployment claims figures. The …
Read More »Royal Mail : rolls out new fully automated parcel sorting machine in Tyneside Gateshead
A new fully automated parcel sorting machine which can process 180,000 parcels per day has been installed by Royal Mail in its Tyneside Mail centre. The machine – officially opened by Gateshead MP Ian Mearns – is an intelligent system of conveyor belts and scanning technology that automatically sorts parcels …
Read More »Royal Mail launches the hugely popular Santa Mail to help deliver the nation’s letters to Father Christmas
With just over six weeks to go until Christmas, Royal Mail is once again lending a helping hand to one of its most special customers, Father Christmas. For 58 years, Royal Mail has been helping to make Christmas wishes come true by sending children’s letters to the North Pole. Now …
Read More »Royal Caribbean CEO Richard Fain to step down after more than 30 years with cruise operator
Royal Caribbean CEO Richard Fain delivers a speech at a shipyard in western France, on March 23, 2018.LOIC VENANCE/AFP/Getty Images Royal Caribbean Group’s Chief Executive Officer, Richard Fain, is stepping down after more than three decades with the U.S. cruise operator that is still recovering from the slump caused by …
Read More »Royal Mail adds Canada freight strength with $287 million Rosenau deal
FILE PHOTO: The logo of Royal Mail is seen outside the Mount Pleasant Sorting Office as a delivery vehicle arrives, in London, Britain, June 25, 2020. REUTERS/John Sibley/File Photo (Corrects spelling of ‘Rosenau’ in headline) (Reuters) -Britain’s Royal Mail said on Friday its GLS parcel service would buy Rosenau Transport …
Read More »UBS downgrades Royal Mail to ‘sell’, shares tumble
Royal Mail shares tumbled on Wednesday as UBS downgraded them to ‘sell’ from ‘buy’ and cut the price target to 440p from 590p. The bank said risks to opex were increasing, with potential pricing pressure in UK Parcel. UBS cut its FY22/23 EBIT estimates by 8%/15%, mainly driven by higher …
Read More »Royal Mail sees higher H1 profit as revenues rise 8%
Royal Mail said it expected a rise in first half profits despite rising costs as the pandemic-driven boom in parcel delivery from online shopping continued to drive revenue growth. The letter and parcel carrier said revenues climbed 8.2% to £5.1bn in the five months to August. It added that it …
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