Shift steps in to rescue the UK's 'Big Green Parcel Machine'
Logistics tech platform Shift is to take over the Tuffnells brand, after the 109-year-old firm ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
UK parcel carrier Yodel has been saved from collapse by a company backed by logistics firm Shift and an investment bank. The deal will safeguard “thousands of jobs”, according to the BBC, after 50 sites were acquired by the consortium for an undisclosed sum. Yodel said the deal would create a “super-scale” logistics platform.
Comment on this article