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 […]
Almost a third of logistics companies fear new B2C delivery methods such as click and collect, viewing them as a threat to their businesses, according to a report by Barclays.
Neil Lloyd, chief executive of loss-making delivery firm Yodel, has stepped down.
Yodel made its seventh loss in a row in the year ended 30 June 2016, while its sister company Arrow XL saw its pre-tax profit leap by more than 500%.