Yodel has made its sixth pre-tax loss in a row, two years after it failed to hit its self set target of turning its first profit. The carrier blamed unexpected parcel volumes over Black Friday weekend in 2014 for the loss in the year ended 30 June 2015, which it said drove “significant operational stress and cost over-runs”. Yodel said it saw a 14.5% increase in parcel volumes over the year. According to results filed at Companies House, the group made […]
Norbert Dentressangle (ND) has won a 10-year contract renewal with Shop Direct Group (SDG) for the warehousing of its ‘two-man delivery’ products. The logistics giant will be responsible for the receipt, inspection, picking, dispatch and returns management of products requiring two-man delivery, such as furniture and white goods. Distribution will be handled by parcels firm Yodel. The furniture operation is based at ND’s warehouse in Wrexham, North Wales and the white goods operation at a second site at Hooton, near […]
New research suggests operators’ expectations of growth this year could be hamstrung by a lack of innovation within the road transport sector.