Stobart Group says it has seen no significant improvement in its transport business’s fortunes, since it warned of tough trading conditions at the end of June. In a pre-close statement the company, which has just announced it will be increasing its hybrid truck fleet, says the UK recession is dampening growth within transport. While the […]
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DHL’s retail logistics arm DHL Supply Chain posted a rise in both turnover and pre-tax profit last year, while sister companies DHL Tradeteam and DHL Express (UK) saw declines.
The parcel industry could experience collateral damage from any collapse of high-street chain McColl’s, due to it being the largest Post Office provider in the UK and host to hundreds of Amazon lockers, according to ParcelHero.
The combination of the £16m sale of its former automotive logistics division and securing a “significant” customer wins towards the end of its last financial year helped Eddie Stobart Logistics generate a £21m surplus, which was used to repay its debt.