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 […]
The quiet before the storm this week – Stobart’s results are out tomorrow. Will the boardroom shenanigans of the past few months have led the management to take their eyes off the ball? Come back to MT.co.uk tomorrow to find out!
City Link has invested in additional drivers, delivery vehicles and warehouse staff ahead of the bumper parcel volumes expected this Christmas.
City Link will need to improve account management and customer service if it is to become profitable again, analysts said, following its sale to private equity investor Better Capital.