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 […]
Knights of Old has come out fighting after landing a major new contract and vowing to overcome a difficult period that saw it record a “substantial” operating loss of £2.7m.
Pre-tax profit at Nagel Langdons took a hit last year as it saw an increase in lower-margin business.
Cambridgeshire-based Knowles Transport slipped into the red after operational issues at its – at that point – newly opened Wisbech DC resulted in “significant costs”.