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 […]
Unite has criticised Royal Mail for refusing to up a proposed pay increase, despite reporting a £608m profit in its latest results.
Road transport rates have hardly moved over the last three years, provisional new data from the Office for National Statistics (ONS) has shown.
Potter Group Logistics has credited stringent cost control, which hasn’t come at the expense of good customer service, for a 27% jump in annual pre-tax profit. Matthew Lamb, MD of Potter Group Logistics, said: “As always our focus is on delivering first class customer service. “We have achieved this while applying rigours controls on overheads across all areas of the business.” As a result, pre-tax profit in the year ended April 2012 was £1.04m (2011: £817,000), with turnover 2.8% ahead […]