UK Mail is anticipating a fall in both pre-tax profit and turnover for the year ended 31 March 2016 after the installation of incompatible technology incurred huge costs. The group, which has struggled since its new facility was fitted with automatic sortation technology that wasn’t compatible with its operation, expects to see its turnover drop by 1% for the year. In a trading statement, UK Mail said it expected a fall in pre-tax profit that was “in line with management […]
Stobart Group has reported a “satisfactory” start to the year, despite low volumes from FMCG customers in its Eddie Stobart transport and distribution division.
Biffa delivers better than expected Q1 performance, despite challenge of Covid-19 and driver shortage
Covid-19, the HGV driver shortage and supply chain issues are creating some “near term” challenges for Biffa, the waste haulier reported ahead of its AGM.
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 […]