Yodel has said it is on target to turn a profit for the first time since it started trading in 2010, following the departure of its chief executive Neil Lloyd. Turnaround specialist Lloyd joined the company as the chief executive just two and a half years ago, when he said his key aim was to improve the company’s public image. In a statement, executive chairman Dick Stead thanked Lloyd for his work during his time at Yodel. He said: “Neil […]
Yodel delivered over 14 million parcels during the Christmas peak after investing heavily in planning and boosting capacity. The company added that between 1 December and 24 December only a small number of parcels weren’t delivered, in the main where it was unable to gain access to the address or the addressee was unavailable to sign for the delivery. Yodel began investing in peak planning in the spring, including increasing its capacity by opening temporary service centres and 15 contingency […]
Yodel has appointed Ben Mitchell as its new chief financial officer following a period as interim CFO.
Royal Mail has revealed that fuel costs for its fleet of 37,000 light and heavy commercial vehicles are at a record high, pushing it to introduce a fuel surcharge for the first time.