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. It sold its automotive logistics arm to WeBuyAnyCar.com-owner BCA Marketplace at a profit of £7m. BCA Marketplace paid £16m in cash for the business in August. Its former parent Stobart Group, which has a 49% stake in the haulier, […]
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%.
Rising driver wages and greater use of agency staff to combat recruitment difficulties contributed to a second year of reduced profit for Felixstowe-based container haulier James Kemball.
Cambridgeshire family firm Knowles Transport has joined pallet network Palletforce as part of a fresh drive to grow its business though more local work.