Yodel has made its largest ever loss in the year to 30 June 2018, newly published accounts reveal. Formed from the merger of the Home Delivery Network (HDNL) and DHL’s Express Delivery business in 2010, profitability has eluded Yodel ever since. Its best result to date was a loss of £45.4m in 2014. However, for 2018 Yodel revealed its pre-tax loss had ballooned by more than a third year-on-year to £111.8m (2017: loss of £82.5m). Previous to this, the parcel […]
Ferguson Transport and Shipping has furloughed 26 drivers and 14 staff following the launch of the government’s Coronavirus Job Retention Scheme portal this week, after being reassured payments for furloughed workers will arrive in the company’s bank account within six days of a claim being submitted online.
Removals firm Pickfords raised its profit before tax by 141% in the year to 30 September 2014, its latest annual accounts have shown.
DSV Road MD René Falch Olesen said that the economy in 2012 had affected the firm’s profit in what was a “satisfactory” year for the operator.