Royal Mail warns of cut-throat competition despite Whistl’s fall

Royal-Mail-Moya-Greene-graphicThe ferocious price war in the overcrowded parcel-delivery sector promises cheap prices and speedy deliveries this Christmas, Royal Mail has said.

Royal Mail chief executive Moya Greene said her competitors, including DPD, Yodel and Hermes, had all added capacity, despite the collapse of City Link last Christmas and Whistl’s decision earlier this month to pull out of doorstep deliveries in three UK cities.

Royal Mail, which pitched its privatisation in October 2013 on the expected growth in the parcels market, said that Amazon’s decision to launch its own courier network was taking away much of the market growth that the former state-owned postal operator had anticipated.

Read more: Royal Mail warns of cut-throat competition despite Whistl’s fall – Business News – Business – London Evening Standard