Royal Mail owner IDS climbs as rival hails strong parcel pricing and demand
Deutsche Post DHL reported higher prices for international freight and said online shopping trends have "settled at a structurally higher level"
Company
International Distribution Services PLC
LON:IDS
Royal Mail parent company International Distribution Services PLC is the sole provider of the universal postal service in the UK, delivering a six-days-a-week to more than 29 million addresses across the UK. It changed its name in 2022 to distinguish its UK arm from its Amsterdam-based international parcels business, GLS. It changed its name to International Distributions Services PLC in October 2022 and removed an 's' in a slight change to International Distribution Services PLC in May 2024
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Royal Mail workers to strike around Black Friday and Cyber Monday after 'derisory' IDS pay offer
Strikes will take place on 24, 25 and 30 November as well as 1 December, the CWU union said
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Shares in Royal Mail owner IDS tumble 12% after earnings alarm sounded
City broker Peel Hunt was the first to respond to the update - it reiterated its 'sell' recommendation
Royal Mail owner International Distribution Services says to cut 10,000 jobs as it responds to strike impact
The news coincided with the latest walkout by Royal Mail workers
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Royal Mail workers continue largest national strike of the year
Approximately 115,000 staff are taking action on pay and working conditions in what is the largest national walk out of any sector in 2022
Royal Mail parent IDS was forced to rescue pension fund from Budget collapse
City regulators are closely monitoring LDI funds as they put their positions on a sustainable footing and prepare better for future stresses
Royal Mail begins pivot to parcels-focused business with conveyor at Gatwick Mail Centre
Able to process roughly 3,000 parcels per hour, the machine is designed to handle bulkier items
Royal Mail, the UK branch of International Distributions Services, will prioritise Covid test kits during strikes this month
New reported Covid cases and hospitalisations have begun to surge once again in England