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%. Three years after the firm’s self-set deadline for turning a profit, Yodel finished the year with a pre-tax loss of £50.4m (2015: £46.7m). The company also saw its turnover fall by 1% to £422.7m, from £428.2m the previous year. A spokesman for the parcel delivery firm said: “Yodel has made […]
DBC Foodservice had no vehicle assets despite having 230 of them when it went under in March, as its fleet was run on a contract-hire basis. The £300m turnover company supplied some of the best known cafes, restaurants and bars on the high Street including Caffé Nero, Prezzo, Loch Fyne and vodka bar chain Revolution. DBC’s fleet of mainly Dafs delivered 8,000 multi-temperature products to customers each year. However, after attempts to sell the business earlier this year failed, administrator […]
Wincanton has reported continued profitability in July and August with particularly strong performance in digital and e-fulfilment.
ByBox has secured a partnership with Big Yellow Self Storage, as part of a £2m investment to expand its network of parcel locker boxes across the UK. Nine new ByBox locker terminals have already been rolled out at Big Yellow’s sites in Camberly, Hounslow, West Norwood, North Kensington, Battersea, Birmingham, Fulham, Sutton and Watford with further locations in the pipeline. Launched in 2010, ByBox operates a network of secure locker terminals at 400 locations in retail parks, supermarkets, shopping centres, […]