Transport firms are riding the current Stock Market bubble. This week the FTSE 100 hit its highest level since October 2007 (6,755 on Monday to be precise). While none of the six operators in the MT Tracker basket of transport shares are anywhere near making the FTSE 100, or the FTSE 250 for that matter, the total value of the basket hit a record high today of 1,842. Back on 29 January, when MT.co.uk started monitoring this index the total […]
DHL Supply Chain is downsizing its My Local operation after the convenience store chain was placed into administration this week.
Wincanton has signed a five-year contract extension with petroleum refiner Valero in a deal that will see it move more than two billion litres of fuel a year.
Eddie Stobart Logistics – set to float on the Alternative Investment Market (AIM) next week 25 April – has conditionally agreed to acquire multi-channel retail logistics management group iForce for £45m.