Well you win some and you lose some. Trading in shares at UK Mail Group continues to be a profitable experience, but – despite a good performance in its transport division Hargreaves shares continue to splutter. Yesterday Hargreaves Logistics said its turnover had increased by £5.4m from £77.3m to £82.7m for the 12 months ending 31 May. However operating profit fell slightly to £4m, from £4.1m a year ago. But its shares have fallen week on week to 800p, from […]
DX Group sales and marketing director Paul Doble has warned that online retailers are in danger of overwhelming capacity on their distribution networks in the run up to Christmas. Financial services firm Experian has predicted a 36% rise in online retail visits today and Doble said retailers should re-assess their delivery capabilities. Carriers are offering collection two working days before Christmas. TNT Express, DPD, FedEx, Hermes and UK Mail all said that 21 December is the last day they can […]
How will transport and logistics look after Covid-19 has eventually receded? There is no shortage of companies who would like the answer to that question and visitors to the Commercial Motor Show conference gained some valuable insight in a special panel discussion.
Stobart Group kicked Monday off with a bang, winning a 15-year biomass contract with Western Bioenergy. But investors seem to have shrugged their shoulders at the news, which refused to budget the share price from 123p. Maybe we could find a bit more success elsewhere, as it has been a busy week for the MT Tracker sextet.