Urby targets €100m revenues by 2025

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First- and last-mile logistics company Urby has announced its intention to achieve revenues of €100m (US$110m) by 2025.

The subsidiary of Le Groupe La Poste and the Banque des Territoires aims to do this by recruiting approximately 100 employees in 2022 and increasing its regional coverage. To this end, Urby opened two centers at the beginning of 2022, in Blois and Annecy in France, and will have six additional centers by the end of the year. The company has calculated that this will give it access to more than 35 million customers. Frédéric Delaval, chairman of the Urby network, said, “Our ambition is to become the leader in urban logistics services in urban areas with more than 150,000 inhabitants.”

While increasing its local coverage, Urby will also launch new services to support its growth. These include ‘Delivery by two’ – an option for heavy and bulky products that enables customers to choose which room the delivery is made to, and then have the product unpacked and assembled for them. This option will also include the collection of the old products and packaging.

This service will work alongside an existing Urby offering for retailers of a dedicated vehicle and driver to transfer goods between shops and the retailer’s drive-through locations for a set period of time. In addition to these services, the logistics provider will also offer the installation and collection of products on a cash-on-delivery basis, as well as pallet handling, professional waste collection, storage, order preparation and XL pick-up point solutions on behalf of retailers.

Finally, Urby’s growth has been backed by a €20m (US$22m) investment plan over several years for the roll-out of a fleet of 240 low-emission vehicles. These vehicles will range from 3.5-metric ton trucks to heavy goods vehicles, running on NGV, BioNGV and electric power, which will run alongside 100 cargo bikes.

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As the latest addition to the UKi Media & Events team, Elizabeth brings research skills from her English degree to her keen interest in the meteorological and transportation industries. Having taken the lead in student and startup publications, she has gained experience in editing online and print titles on a wide variety of topics. In her current role as Editorial Assistant, Elizabeth will create new and topical content on the pioneering technologies in transportation, logistics and meteorology.

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