Parcelforce tops £600m turnover
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• A year after its launch Parcelforce has opened nearly 80 dedicated delivery depots for its standard service and added 2,000 vehicles to its fleet — but it has cut its sorting centres from 35 to 17.
Up to 1,000 jobs have been shed at sorting centres, but Parcelforce says this is compensated by new jobs at delivery depots.
We now handle about half our total volume through our own delivery outlets," says operations director Jim Woodman. "We are one year into a three-year programme of separation from Royal Mail which will give us end-to-end control of our needs."
A target of 150 dedicated delivery depots was set last year (CM 1-7 March 1990), but Woodman says this will be reduced in favour of fewer, but larger depots.
Parcelforce has achieved a turnover of £600m in its first year of operation, but Woodman admits: "the recession has hit us very hard". This is likely to affect profits.