Eddie Stobart saw turnover and earnings grow in the first six months of its financial year, but the cost of refinancing, its stock market listing and the end of an Irish retail contract resulted in a pre-tax loss. Having completed an initial public offering (IPO) on the Alternative Investment Market in April, the haulier saw revenue climb 7.7% to £287m (2016: £266.4m) in the six months to 31 May 2017. Underlying turnover growth, which strips out the end of the […]
Turners (Soham) saw pre-tax profit and turnover increase last year due to rising fruit and vegetable volumes.
Eddie Stobart has purchased a 50% holding in express delivery company Speedy Freight.
Express delivery firm Aspray Transport will shortly begin constructing a new 10,000 pallet high-bay storage facility at its Willenhall, West Midlands hub. Construction of the 17m high facility, which will also include an area for block stacking, will begin in October. The firm, which recently bought over five acres of additional land around the site, is also putting an extra 40 parking spaces in place for trailers. Both developments should be operational in June next year. Aspray’s investment in hub […]