Yodel has revealed it will raise its rates as part of a wider strategy to cope with the demands of a rapidly growing e-commerce sector. The courier firm says the surge in internet shopping is leading the need for a highly flexible infrastructure to keep pace with the shifting parcels market, leaving the delivery sector at “saturation point”. As a result, the parcels giant says it will be moving to a six-day a week service as standard, removing a premium […]
Yodel has confirmed the schedule of its service centre closure programme, as it enters the final phase of the merger of the Home Delivery Network and DHL Domestic UK businesses. According to an internal letter seen by MT, the parcels giant has been transferring volumes across from Cardiff (the first site set to close) to Nantgarw since Friday 10 February, with Cardiff due to shutdown on Friday 17 February, a move which the company has confirmed. The rest of the […]
Yodel made its seventh loss in a row in the year ended 30 June 2016, while its sister company Arrow XL saw its pre-tax profit leap by more than 500%.