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. The company made its fifth loss in a row, recording a pre-tax loss for the year ended 30 June 2014 of £73m – equivalent to losing £1.4m a week. The result was an improvement on the £98m pre-tax loss made in 2013 and turnover at the parcel delivery firm also increased from £379m a year earlier […]
Eddie Stobart Logistics has seen its push around manufacturing, industrial and bulk (MIB) pay off handsomely, with the segment now its biggest turnover contributor, the firm said today (10 April).
The surge of e-retailing is presenting parcel carriers with a conundrum: how do carriers profit from the rapid surge in B2C volumes, while ensuring their networks are able to cope with capacity demands? Hayley Pink reports Peak period capacity is at breaking point, City Link MD David Smith warned an industry conference in June, with the 2012 Christmas period posing a record challenge for carriers and retailers alike. Smith says there has been no new capacity in the industry since […]