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 »Heathrow Exec Appointed New Head Of Britain’s Royal Mail
British postal operator Royal Mail is facing an overhaul to cut heavy losses Adrian DENNIS Text size 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 …
Read More »International Distribution Services Names Martin Seidenberg as Group Chief Executive Officer
By Joe Hoppe International Distribution Services said Thursday that it has appointed Martin Seidenberg as chief executive officer, effective from August, and its first-quarter group revenue rose 0.3% on year. The postal service and courier company–formerly Royal Mail–said Seidenberg will be appointing CEOs for Royal Mail and GLS in due …
Read More »IDS’ Royal Mail Gets Five-Year HM Passport Contract
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 »UK Postal Workers Call Off Strikes
The dispute saw over 115,000 workers take 18 days of strike action in the final quarter of 2022 OLI SCARFF Text size Postal workers at the UK’s Royal Mail on Tuesday accepted a new pay deal to end a costly series of strikes. The Communication Workers Union (CWU) held a …
Read More »What The Board Needs To Know
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 »Card Factory 11-Month Sales Rose 28%, But Online Sales Hurt by Postal Strikes
By Ian Walker Card Factory PLC said Tuesday that sales for the 11 months ended Dec. 31 were 28% higher than the same period of the previous year as it benefited from customers returning to the high street, although online sales were hurt by postal strikes as well as the …
Read More »UK’s Ofcom Warns Royal Mail Covid-19 Is No Longer Excuse to Miss Targets
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 »Royal Mail Plans Up To 10,000 Job Cuts
Royal Mail was buoyed by strong parcel demand during the pandemic, but reported a heavy loss for the last six months Justin TALLIS Text size UPDATES with union, latest share price reax British postal operator Royal Mail on Friday unveiled plans to axe up to 10,000 jobs, blaming the move …
Read More »Royal Mail Warns of Material Losses as Union Moves Forward With Strike
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 …
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