Yodel failed to turn a profit for the eighth consecutive year in its recently closed financial year, and CEO Mike Cooper has admitted its owners regularly give him “a hard time”. The parcel carrier has never managed turned a profit, making a pre-tax loss of £50.4m in its most recently published results, for the year ended 30 June 2016. Asked whether the business had turned things around for the year ended this July, Cooper told MT that while Yodel hadn’t […]
Jonathan Smith is to leave Yodel at the end of the year after leading the company through the integration of HDNL and the domestic B2B and B2C parts of DHL Express (UK), Motortransport.co.uk can reveal. A successor to Smith will be sought, but in the interim he will work alongside executive chairman Dick Stead. A spokesman for Yodel said: “Yodel has been transformed over the last 18 months and is now in a sound position with strength across senior management. […]
City Link is continuing its drive towards the b2c market with the launch of an ad-hoc parcel collection and delivery service for consumers and SMEs.