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 […]
Palletline member Miniclipper Logistics has admitted volumes have not been hit as badly as expected by the COVID-19 pandemic but that companies without a warehousing side might struggle to survive.
Pallet-Track said an initial impact on its sales volumes during the first two months of lockdown in March had been reversed and its activity levels were already exceeding original forecasts.
Creditors of Hull-based CJ Express could be left close to £1m out of pocket, according to the collapsed company’s statement of affairs.