The tale of Stobart’s ever falling share price. Two weeks ago, in the wake of Avril Palmer-Baunack’s unceremonious demotion, this column wrote about the woes of backing the Stobart horse. Even the gloss of a three-year deal with Tesco couldn’t reverse it’s fortunes (and given Tesco’s current performance there can’t be that much gloss). However the machinations of the Stobart board have continued to hurt its performance on the stock market. Today the share price hit a new low of […]
UK Mail’s share price continues to climb as does its turnover. The company said this week that it has seen year-on-year daily parcel volumes increase by 25% in the first quarter of this year, with Q1 turnover also up 6%.
The quiet before the storm this week – Stobart’s results are out tomorrow. Will the boardroom shenanigans of the past few months have led the management to take their eyes off the ball? Come back to MT.co.uk tomorrow to find out!
Acumen Automotive Logistics has bought four new Rolfo Auriga Deluxe enclosed semi-trailers as part of its strategy to refresh its entire 15-strong enclosed transporter fleet.