Yodel volumes up 22%

Yodel has increased the volume of parcels it delivered by 22% in H1 2022 (July – December 2021) when compared to the same period in 2020.

Volumes were down by 1.6% when compared to H1 2021, when the UK was subject to Covid-19 restrictions, however.

Mike Hancox, CEO of Yodel, said: “We have recorded a strong performance in H1 FY22 and, thanks to our people’s resilience and the business’ flexibility, we have achieved significant growth since the start of the pandemic in 2020.

“The first half of FY22 has demonstrated that despite ongoing uncertainty caused by Covid-19, demand for ecommerce and doorstep delivery services remains as strong as ever and that Yodel is perfectly positioned, and prepared, to cater to changing customer needs.

“In the coming year, we expect to see the greater integration of technology into delivery service business models to improve customer experience across the industry, increasing the efficiency of supply chains to handle larger volumes, as demand for online shopping continues to grow.”

Yodel recorded a strong Christmas performance in 2021, with volumes up 34.9% year-on-year in the six weeks to December 24.

H1 2022 has seen investment in Yodel’s operations, with the £1m integration of its Merlin2 parcel sortation system at its Shaw sorting centre.

The business also invested £13.25m in its fleet, adding 250 brand new trailers and 100 tractor units to its network.