CitySprint’s series of acquisitions over the past 18 months has seen its turnover top £100m for the first time, but the same-day courier is now targeting organic growth for 2013. Pre-tax profit rose 33.6% to £10.64m (2011: £7.9m) in the year to December 31 2012 as turnover increased 36.1% to £101.1m (2011: £74.3m). This is partly due to the fact that 2012 was the first full year in which the firm incorporated activities from the acquisition of Lewis Day in […]
Same day courier CitySprint has acquired Heathrow Baggage Services, its third acquisition in three months.
Christmas 2012 was another record-breaking year for parcel carriers, with many reporting volumes that made 2011’s peak seem a simple task. With year-on-year volumes rising every Christmas and the online retail boom not showing any signs of slowing down, how are carriers ensuring they are well prepared for 2013’s peak? Retailers again reported record-breaking internet sales over the festive period. Web sales were up 44% for City Link customer John Lewis, and 11% for Hermes customer Next. Debenhams also saw […]
The FTA has rejected the London Assembly’s call for a rush-hour lorry ban in the capital, saying it is no “silver bullet” for improving safety.