Yodel has denied it may be up for sale, following reports that its owners the Barclay family were reviewing their entire stable of UK businesses. Press reports in October 2019 suggested that the owners of Shop Direct, The Telegraph, the Ritz hotel, as well as parcel delivery business Yodel, were considering offloading these companies and that financial advisers were preparing to value the portfolio. Read more Could Amazon make bid for Yodel? Yodel makes £112m annual loss, its largest to […]
UK Mail chief executive Guy Buswell has said the company will be investing in its depot network and automated sortation equipment after delivering an18% uplift in pre-tax profit.
John Hackling (Transport) saw pre-tax profits rise 41% last year, boosted by its newly opened depot in Swindon and Palletline’s decision to base a new regional hub at the depot during the period.