Little hope of 2024 upturn in box shipping trades, says Yang Ming
Yang Ming’s chief executive Peter Su said in a press conference yesterday that the third ...
© Gorgios
Royal Mail’s half-year profits dropped by almost a third, with its UK arm flailing as efforts to reach a deal with unions over pay and pensions drag on. The Independent reports that pre-tax profits dropped 30% to £77m, leaving the service reliant on a bumper festive period to correct the situation. But a strong performance from European parcel delivery subsidiary General Logistics Systems helped secure a 2% increase in group revenues to £4.8bn.
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