Online reaction
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The latest comments on Roadtransport.com
Yodel losing £1m per week (CM 2 June)
“Ouch. That’s a huge amount of money to be losing.” TrentStorage “I would expect there to be an increase in loss over the past few weeks due to the number of bank holidays that there have been.If you look at CM, it seems all sectors have been hit, such as retail, automotive, and not just transport. With so many holidays causing vehicles to park up and all of the costs that implies, as well as no parcels being moved, then the level of losses Yodel is making should be expected.” dawdler01
Ryder acquires Hill Hire for £151m in cash
“As an employee at Hill Hire, I have to ask, will all staff still be here in a few months time?” CarlM
HGV drivers’ pay grew just 19% in real terms during the last 30 years
“Seems like profits are up and wages are down – welcome to the UK transport jobs market.”
Peter James