Yodel’s annual loss increased by nearly half, its latest financial accounts reveal, despite a change in senior management and the firm’s extensive remodelling of its network. Loss on ordinary activities before taxation for the year ended 30 June 2013 increased 46% to £98.2m (2011/12: £66.9m). Turnover fell 28% to £389m in the same period (£539.9m). In recent years, Yodel operated a capacity cap during the Christmas peak, turning away some seasonal ad hoc work, to ensure service standards were maintained. […]
DX Group has been refused planning permission for its proposed super hub in Essington, Staffordshire.
UK Mail Group has reported an increase in both parcel volumes and turnover in its mail business for the third quarter of its current financial year.
TNT Post has signed a deal with convenience store parcel network CollectPlus to provide international deliveries for SMEs. The new service will give smaller online retailers the opportunity to drop off parcels for worldwide delivery at one of 4,800 CollectPlus stores nationwide. Director of international parcels for TNT Post, Bob van Ierland said: “A majority of online entrepreneurs in the UK plan to expand internationally within the coming 12 months. “They will need access to international shipping services around the […]