News / Last-mile parcel carriers struggle while global express market is set for growth

© Jakkapant Turasen

The global express parcel market is set to see steady growth over the next four years, according to Transport Intelligence (Ti), but last-mile parcel carriers could struggle with profitability in “mature markets”. 

An industry source told The Loadstar UK parcel delivery company Yodel has been struggling to make profit after risky M&A decisions.  

In February, Yodel was saved from last-minute collapse by being acquired by tech company Shift, which also bought UK express company Tuffnells out of administration in June last year. 

The ...