TNT UK saw its finances tumble into the red last year following the loss of a major contract, posting a £6.4m loss just a year after it quadrupled its pre-tax profit. In a year that saw it cut staff numbers and make managers in a number of departments redundant, TNT’s financial accounts for the year ended 31 December 2013 showed that it turned a £13.8m pre-tax profit into a £6.4m loss. The loss of a key contract with a major […]
Whistl has completed its management buyout deal (MBO) from former parent company Post NL.
Yodel made a pre-tax loss of £82.5m in its most recent financial year, which is the parcel operator’s biggest loss since 2013.
Distribution specialist Archbold Logistics said it had largely mitigated the effects of Covid-19, due to the varying nature of the products it transports for its customers.