Yodel is on track to announce a profit for the first time since its formation over a decade ago, following a surge in volumes during the pandemic. The carrier said projected full-year revenue for the year ending June 2021 was now over £535m and it expected to be “strongly profitable” at the pre-tax level. In a trading update for the second quarter of its financial year the packets and parcels courier said there had been a 34% increase in volumes […]
APC Overnight has appointed former Yodel boss Jonathan Smith as its chief executive.
Pre-tax profit fell by a third last year at MT Top 100 company Fred Sherwood & Sons (Transport), despite a 2% increase in turnover.
Parcel broker Whistl said it would be offering its Whistl Parcels and Parcelhub customers Yodel’s Xpect Mini and Medium two-hour delivery window services following a successful trial.