Glasgow Prestwick Airport (GPA) is to be Royal Mail’s newest international e-commerce hub in the United Kingdom (UK). Prestwick was selected by Royal Mail due to the numerous benefits it offers over alternative airports throughout the UK, including offering up to half of the cost of landing at some UK hubs. “We are confident that our new Fast and Efficient E-commerce Solution will offer customers real cost savings against other UK air cargo hubs, whilst also ensuring they meet their … [Read more...] about Royal Mail to boost international e-commerce services at Glasgow Prestwick Airport
Royal Mail
Royal Mail privatisation scrapped
With bids coming in below the €5 billion target the UK government has scrapped controversial plans to partially privatise its state-owned, cash-strapped postal company, Royal Mail, putting its long term survival in question. “Market conditions have made it impossible to conclude the process to identify a partner for the Royal Mail on terms we can be confident would secure value for the taxpayer,†Business Secretary Peter Mandelson said. A number of interested bidders … [Read more...] about Royal Mail privatisation scrapped
Deutsche Post potential Royal Mail bidder
Germany's Deutsche Post has emerged as a potential bidder for a stake in Britain's Royal Mail, as the UK government attempts to partially privatise the state-owned postal company. The parent of express and logistics giant DHL has joined a short list including TNT and CVC, a private equity company already active in the European postal industry. … [Read more...] about Deutsche Post potential Royal Mail bidder