Hermes Parcelnet pays its suppliers more quickly than any other company in the Motor Transport Top 100 top 10, an MT analysis has found. In the six months to 31 August, Hermes Parcelnet – 10th in this year’s Top 100 by turnover – was first for prompt payment, taking on average just nine days to pay its suppliers with 93% paid within 30 days and only 8% of invoices not paid within agreed terms. Second was DPDgroup UK – fifth […]
CM Downton saw good levels of growth across the business in its last financial year, with both turnover and pre-tax profit up nearly 9%.
A new pay deal will see around 20,000 couriers benefit from increased rates for parcels collections.
Hoyer UK MD Mark Binns has said he is “confident” this year will be better than last after the firm reported widening losses for the 12 months to the end of December.