Just before he left the business in January, Yodel’s then CEO Mike Cooper told MT about his four-point plan to turn Yodel around from years of losses to profitability. Redesigning its transport network and harnessing its data more effectively are some of the things achieved in his time at the business. Yodel has been haemorrhaging cash for so long that its CEO Mike Cooper used the word to describe his company’s past results. In its eight years of life, Yodel […]
Norbert Dentressangle will cease providing warehousing and distribution services to collapsed retail chain Comet from tomorrow (21 December). Last month the operator warned its five-year £100m contract with Comet, which it only signed earlier this year, was in the hands of the retail chain’s administrator Deloitte. At the start of this week Deloitte closed the last of the retail chain’s stores in the absence of an acceptable offer for the whole business. Richard Cawston, business unit director at Norbert Dentressangle, […]
City Link is continuing its drive towards the b2c market with the launch of an ad-hoc parcel collection and delivery service for consumers and SMEs.
Yodel owners the Barclay brothers remain the richest people directly deriving at least a proportion of their wealth from interests in road transport. But there are some surprising new entries in the 2013 Sunday Times Rich List published yesterday.