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 […]
Yodel has appointed Nick Porter as its new sales and marketing director.
Equity firm ACC Capital has bought a majority stake in Lubbers Transport Group as part of a management buy-out at the firm.
Bradford-based Advanced Supply Chain has continued to grow turnover, revealing a revenue boost of nearly 15% to £31.7m for the year ended 30 June 2013 (2012: £27.6m).