Eddie Stobart Logistics subsidiary O’Connor Container Transport is set for further integration into the group after racking up a loss of £800,000. The loss, which the firm attributed to its strategy to turn the regional business into a national player, is laid bare in the company’s results for the year to 30 November 2016. The Widnes-based container haulage and storage business reported that despite turnover remaining stable at £23.1m (2015: £23m) profit plunged by 171% year-on-year from £1.1m in 2015 […]
Pollock (Scotrans) returned to the black last year after making a loss in 2015 following the collapse of one of its clients.
Goldstar Transport is set to move to new premises after a year of strong growth.
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.