Motor Transport: A Year in Review The industry has faced a challenging 2012 and since its launch in March, MT.co.uk has been here to cover the ups and the downs. Here is a month by month guide to the big stories of 2012. January saw B2C parcel operators report record Christmas volumes as a result of the biggest online Christmas the UK had ever seen. Hermes delivered 15 million items in its 2011 Christmas peak, while Yodel delivered 20 million […]
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.
Stobart Group has shaken off a tough start to the year by revealing a 7.2% improvement in the profitability of its transport operations, and a 13% leap in turnover driven by the addition of Autologic.
Last week, Dart Group revealed a near to 13% pre-tax profit rise for its transport operation, Fowler Welch. Off the back of this, which saw profit climb from £3.9m to £4.4m for the year ended 31 March 2013 at Fowler Welch, its group share price has continued to move northwards, today leaping to £2.40, up from £2.14 last week.