Hermes has revealed record results at its UK division, with revenue up 22% in 2011. The parcels company says this reinforces its position as the country’s second-largest home-delivery business. Revenue stood at €303m during 2011, up from €248m in the previous year. Hermes says its UK arm handled more than 140 million parcels during the year, as demand for its home delivery services increased with online retail sales. Carole Woodhead, chief executive at Hermes UK, says: “Our UK business has […]
Wincanton has secured a multi-million pound extension on its contract with B&Q, taking on management of an additional warehouse. The firm will manage B&Q’s one million ft² showroom fulfilment centre in Burton-on-Trent, which provides warehousing for the retailer’s bathroom, bedroom and kitchen range. Under this new agreement, it is estimated that Wincanton will handle nine million cases of merchandise per year. “We are delighted to be extending our long term relationship with B&Q, which further demonstrates our ability to support […]
Hermes has slashed its CO2 output by 6% in the past year, with the business achieving savings of 18.4% since 2008. The parcels firm has set itself a target of a 20% reduction by 2015. The reductions are part of a strategy implemented by German parent Otto Group, which requires a 50% reduction across the entire business by 2020. In the past 12 months, Hermes has adopted automated transmission across all tractor units within its trunking operation, which has improved […]
Yodel has missed its self-set target of delivering a first ever profit in its most recently completed financial year, according to newly published accounts.