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 […]
TNT said 2015 will continue to be a year of transition for the company after reporting third quarter turnover of €1.6bn (£1.2bn), up 2.3% year-on-year, and a €27m operating loss, compared with an operating loss of €51m for the third quarter of 2014.
Yodel has added 13 sites to its network for this Christmas as it prepares to handle 15% more parcels than last year.
Irish parcel carrier Nightline has said it expects to move 50% more parcels this Christmas than last year, despite a slow start to the season.