In 1994, 53 independent courier depots came together to take advantage of the burgeoning overnight delivery market. Now the Wolverhampton-headquartered firm, which trades as APC Overnight, has 120 independently owned depots under its brand that collect, sort and deliver 1.5m parcels nationwide each month, typically for small businesses and private individuals. Now led by chief executive officer Syed Ziaullah, the company says it is important that each depot is owned and run independently, as it encourages them to be entrepreneurial. Thanks to restructuring and efficiency savings, profits grew 55% a year, from £1m in 2008 to £3.8m in 2011.
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