Timely investment in fleet and depots paying off as shopping boom shows no sign of slowing Yodel sees C2C volumes soar

By Chris Tindall

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

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 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.”

 Yodel also opened its largest depot ever at a site in Longford, Coventry at the end of last month. The 135,000sq ft facility sits on over 6.5 acres of land and has the capacity to process and deliver up to 50,000 parcels per day at peak, a 28% increase in output on its Leamington Spa depot.