Sources said Yodel is seeking a purchase and prepares to “call in administrators”.
It has been stated that Yodel is putting its administrators on high alert as it is trying to sell. Despite transporting more than 200 million products in the previous year, the package delivery company, a division of Barclay-controlled Logistics Group Holdings (LGH), found it difficult to make a profit due to the intense competition it encountered. According to documents received…