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 […]
An explosion in demand for home food deliveries has led to a new partnership between Yodel and retailer Boroughbox.
Losses deepen at Currie Solutions in the face of Amazon cuts, “fierce” competition and driver shortages
Amazon’s drive to use “cheaper hauliers” combined with “fierce” competition, tight margins and the driver shortage have seen Currie Solutions’ pre-tax losses almost quadruple.