Yodel growth plan continues as 2022 consumer-to-consumer parcel volumes soar

Overall parcel volumes at Yodel increased by 17% during the peak season last year and those delivered via pedal power soared by a third.

In a trading update the firm said overall consumer-to-consumer volumes between July and December 2022 had also increased by 162% year-on-year and it had continued to build on previous strong results with new contract wins.

Yodel has previously announced plans to open a 161,900 sq ft depot in Huyton this summer and it has invested over £7.5m into its fleet, with 100 new trailers and 60 tractor units.

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It said 45 of those units had enhanced features such as larger windscreens for better visibility and greater fuel efficiency.

Chief executive Mike Hancox said: “The success of our peak season was fuelled by the spike in consumer-to-consumer parcel volumes through Yodel Direct and is testament to the tireless work of our colleagues across the country.

“Over the past year, to service our growing demand, we’ve made significant investments in our fleet. This has provided greater efficiency and a safer and more sustainable service.

“We’ve also announced brand new sites, including Huyton, Merseyside, to bolster our operations and build capacity into our nationwide network and announced our head office relocation to Speke, Liverpool.”

The post Yodel growth plan continues as 2022 consumer-to-consumer parcel volumes soar appeared first on Motor Transport.

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