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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....
...The company’s share of UK parcel volumes dropped from 34 per cent to 25 per cent between 2020 and 2022, according to mail services group Pitney Bowes....
...parcel-delivery service....
...Until recently most of Royal Mail’s parcels were still sorted by hand....
...Royal Mail, which was privatised in stages between 2013 and 2015, faces significant challenges adjusting to declining deliveries of letters and intensifying competition in the growing parcels market in the...
...Strife with staff is something Italy’s service and the Royal Mail share. But with fewer letters and parcels than the UK, Italian posties already only deliver every other day....
...It’s still the market leader for the UK’s fast-growing parcels delivery business, but it faces tough competition from rivals like Amazon Logistics....
...Meanwhile, parcel delivery has become an increasingly central part of the company’s business....
...Royal Mail’s parcel market share dropped from 34 per cent to 25 per cent in between 2020 and 2022, according to analysis group Pitney Bowes....
...“Our customers have always been our priority and the transaction announced today allows us to ensure continuity for them, as well as our employees and wider stakeholders,” he added....
...The UK Post Office, formerly part of the same group as Royal Mail, announced this month that it would also now allow customers at its delivery offices to opt for rival parcel carriers DPD and Evri, bringing...
...The owner of the UK’s Royal Mail has appointed the head of its international parcel business as its new chief executive, as the 507-year-old organisation attempts to overhaul its business model and profit...
...The agency sends all plates to carmakers by PostNord, the national mail carrier, and unions there have blocked their workers from delivering parcels to Tesla....
...The carmaker is also suing PostNord, urging the Solna district court to order the release of all parcels addressed to the carmaker....
...What are your priorities for the week ahead? What would you like to know more, or less, about? Email me at jonathan.moules@ft.com or, if you are reading this from your inbox, hit reply....
...Royal Mail’s international parcel export service has ground to a halt following a “cyber incident”, the second such incident the company has suffered in recent months as it seeks to modernise in the face...
...The Royal Mail impairment dragged IDS to a £748mn operating loss despite its international parcel business, General Logistics Systems, remaining profitable during the year....
...They included hedge fund millionaire Sir Paul Marshall and DMGT, the group that owns the Daily Mail. Rupert Murdoch’s News Corp is also interested in buying the Spectator....
...Keeping our clients’ data safe, secure, and confidential is an absolute priority....
...Winning back “don’t knows” and people who say they will vote Reform is the Conservative leadership’s biggest political priority at the moment....
...Royal Mail is losing £1mn a day after the pandemic boost to its parcels business wore off. It is trying to improve cash generation under a “five-point plan”....
...Labour leader Sir Keir Starmer has sought to make a priority of stamping out allegations of antisemitism in the party after the issue came to the fore under his predecessor Jeremy Corbyn....
...Barrowman is preparing to take delivery of a £50mn yacht, the Daily Mail reported, after selling one smaller yacht and putting a third up for sale....
...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....
...However, despite the restart of limited volumes, Royal Mail repeated its request to customers not to submit any new parcels for international delivery....
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