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Online reaction

16th June 2011, Page 18
16th June 2011
Page 18
Page 18, 16th June 2011 — Online reaction
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Which of the following most accurately describes the problem?

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

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