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...IDS is comprised of Netherlands-based parcels business GLS and the UK’s Royal Mail, the postal service and courier company....
...Royal Mail’s leading market position has weakened further after postal employees walked out for 18 days last year, prompting retailers to send more parcels through rival couriers....
...It previously owned Postbank and used the branches to sell stamps and process parcels....
...The attack has caused serious disruption at Royal Mail, leaving it unable to send parcels and letters overseas....
...The CWU union has stepped up industrial action with a series of strikes this month with postal workers set to stage another 48-hour walkout on Friday....
...Royal Mail holds a share of about 25 per cent of the UK parcels market by revenues, topping the likes of Amazon Logistics, DPD and DHL....
...Britain established the world’s first postal savings system in the 1860s, today known as National Savings and Investments....
...The robot that empties cages full of parcels at Royal Mail’s recently opened hub in the Midlands is a potent symbol of the modernisation drive at the UK’s former postal monopoly....
...But he said the group was pushing to recover parcel volumes and was expecting to “win more [business] than we lost”....
...Meanwhile, parcel delivery has become an increasingly central part of the company’s business....
...The Czech billionaire’s interest comes just as the postal business finds itself in a tough spot....
...The carmaker is also suing PostNord, urging the Solna district court to order the release of all parcels addressed to the carmaker....
...Morgan Wild, head of policy at the charity, said Ofcom, the postal regulator, needs to take the problem more seriously and fine the worst offenders....
...Royal Mail’s losses have deepened in the months since it reached a settlement with disgruntled postal workers, as the UK delivery service struggles to overcome the aftershocks of the dispute over pay and...
...As postal workers are not delivering its mail, this means that Tesla currently cannot register new cars for customers....
...Royal Mail has begun handling new deliveries of some overseas parcels, it added on Thursday, more than a fortnight after a cyber attack hit its international services....
...of opposition from striking postal workers....
...The Royal Mail impairment dragged IDS to a £748mn operating loss despite its international parcel business, General Logistics Systems, remaining profitable during the year....
...This involves workers starting later to meet demand for next day parcel services and regularly revising postal routes....
...Royal Mail has taken a £200mn hit from strikes as it races to restore customers’ faith in its services amid an ongoing dispute with postal workers and a damaging cyber attack....
...The development risks deepening the financial crisis at Royal Mail, which has faced opposition from postal workers as it shifts its focus from letters to more profitable parcel deliveries....
...Thank you for featuring the letter from David McRedmond, chief executive of An Post, the Irish postal service (December 12)....
...According to the Pitney Bowes shipping index, UPS delivered one in four of the 58mn parcels shipped in the US each day last year, more than FedEx or Amazon and second only to the US Postal Service....
...Royal Mail has been hit by a “cyber incident” that left the UK’s postal service unable to send parcels and letters overseas....
...The UK’s main provider of postal services has been racing to restore overseas parcel deliveries since its online defences were defeated by the LockBit group....
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