Flexport is 'back on track' – now it needs to start growing again
Flexport is “really back on track” with its restructuring, while its cost base is “where ...
Menzies Parcels, a subsidiary of Menzies Distribution, is being closed after 23 years, after “significant losses”, reports the BBC. The courier service, which operated 15 depots in Scotland, is set to cease trading on 29 February.
The 300 staff who handled and delivered packages across the Highlands are now facing redundancy. However, trade union Unite said it was “actively engaging” with its members affected by Menzies Parcels’ decision. InPost Group recently acquired a 30% stake in Menzies Distribution for £49.3m, with a three-year option to acquire the remaining 70% equity.
Asia-Europe ocean trades a nightmare scenario – 'unless you're a carrier'
News Podcast | May 2024 | Container shipping: a riddle, wrapped in a mystery, inside an enigma
Flexport under fire as Peloton claims 'unfair D&D fees' cost it millions
Maersk raises surcharges as Red Sea risk expands and costs mount
Heavy speculation in China’s container shipping futures as Gaza War drags on
Contract logistics the star performer for DHL, but weak rates take a toll
A 'carrier-controlled market' as spot rates rise and capacity tightens
Comment on this article