Eddie Stobart has purchased a 50% holding in express delivery company Speedy Freight. Puro Ventures, trading as Speedy Freight, is a provider of nationwide B2B express freight services. “This acquisition complements the group’s service offering to business customers in the e-commerce and manufacturing, industrial and bulk sector and broadens its capabilities across the whole supply chain,” Eddie Stobart said in a statement. Speedy Freight is structured around a regional franchisee model, with independent couriers working under the parent company’s patronage […]
Stobart Group saw turnover in its core transport and distribution division climb in the first half of its financial year despite “considerable demand volatility”, although profit was flat.
UPS is to build a £120m package sorting and delivery facility at DP World’s London Gateway.
Operators have been urged to ensure they are calculating holiday pay correctly.