April 29, 2016 8:40 PM ET

Air Freight and Logistics

Company Overview of Royal Mail plc

Company Overview

Royal Mail plc provides postal services in the United Kingdom and other Europe. The company operates in two divisions, UK Parcels, International & Letters (UKPIL); and General Logistics Systems (GLS). The UKPIL segment engages in core UK and international parcels and letter delivery businesses under the Royal Mail and Parcelforce Worldwide brands. It provides services for the collection, sorting, and delivery of parcels and letters. This segment also sells Royal Mail product, such as stamps and philatelic items through its network of post office branches, as well as offers media and marketing mail services. The GLS segment operates ground-based parcel delivery networks in Europe comprising t...

100 Victoria Embankment

London,  EC4Y 0HQ

United Kingdom

Founded in 2013

160,518 Employees

Key Executives for Royal Mail plc

Chief Executive Officer, Executive Director and Member of Chief Executive's Committee
Age: 61
Total Annual Compensation: $943.0K
Chief Financial Officer, Executive Director, Member of Chief Executive's Committee and Member of Pensions Committee
Age: 52
Total Annual Compensation: $813.0K
Compensation as of Fiscal Year 2015.

Royal Mail plc Key Developments

Royal Mail Staff in Strike Action Ballot

Royal Mail managers are to be balloted on strike action in a dispute over pay. Unite said almost 5,000 of its members will vote in the coming weeks about whether to launch a campaign of industrial action. The union said the managers had already rejected a 'paltry' 1.3% pay offer, while officials said they had concerns about cost-cutting at the privatized postal company.

Royal Mail Signs New Deal to Provide Mail Service to UK Armed Forces

Royal Mail has signed a new four-year, GBP 11 million deal to continue to support the postal service delivered by the British Forces Post Office. The new deal means armed forces personnel stationed all over the world will continue to take advantage of services, such as the Enduring Families Free Mail Service for personnel deployed on Operations, which allow them to receive mail from friends and loved ones in the UK. The agreement, known as the Forces Mail Settlement, also allows mail and online shopping orders going to armed forces personnel overseas to be sent at inland UK prices.

Joules Appoints Royal Mail to Handle Customer Deliveries

Royal Mail has secured a one-year contract with Joules to handle its customer deliveries. Royal Mail will deliver to Joules' customers across the UK using its Tracked 24 and Tracked 48 services. Royal Mail has recently extended late acceptance times at its National Distribution Centre, Northampton, and now accepts parcels up to 23.30 for next-day delivery with its Tracked 24 service and in two days with Tracked 48. The later acceptance time was key to Royal Mail being selected as Joules' delivery partner.

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