Browsing: Express & e-delivery

City Link’s performance improved during the first quarter, according to the latest trading statement from parent Rentokil Initial, but so the operating loss also rose

TNT Express moved back into profit in the first quarter with an operating income of 37m euros compared to a loss of 79m euros in the first quarter of last year

Pricing pressure and a decline in international express volumes in the first quarter have affected operating results at TNT Express, the company said in a trading update

City Link should start moving back into profit in the third quarter of this year and is on target to be a profitable £500m business within the next three years, according to Dave Smith who took over as managing director just before Christmas