Hermes Parcelnet, which trades as Evri, saw pre-tax profit slashed by over 50% last year as low customer confidence, high inflation, the cost of living crisis, the Ukraine War and a post-pandemic fall in online demand, all took their toll. However the company revealed this week that it is seeing better times this year, with […]
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UPS is to trial 35 electric trucks across London and Paris, which will be built by UK technology firm Arrival.
Parcel volumes over the summer at UK Mail were below expectations, causing turnover to slip 1% year-on-year in the first half of its financial year.
Elddis Transport (Consett) boosted turnover by nearly £4m in 2022 despite the fallout from the economic impact of the Ukraine War. According to its latest financial results for the year to 31 December 2022, revenue leapt by almost £4m to £32.7m (2021: £28.8m) whilst the company’s pre-tax profit fell by £478,000, from £1.1m in 2021 […]