Hellmann reviews UK franchise

Hellmann Worldwide Logistics is reviewing the future of its loss-making UK franchised domestic parcels subsidiary, Hellmann Overnight Logistics.
HOL has suffered in recent years from the effects of savage competition and divided loyalties on the part of some of its local delivery depots, which had been feeding other parcel networks, the company said.

A decision on the future of the subsidiary is expected soon from the Hellmann Worldwide Logistics board.

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