CS Ellis (Group) is adapting to a “changing marketplace” this year with the launch of an e-commerce fulfilment division, Motortransport.co.uk can reveal. The new business has been created to cope with rising demand for added-value warehousing services connected with e-commerce, such as pick and pack, reworking of goods, resale of out-of-season goods and capability to offer storage and delivery services to smaller, marketplace sellers. It will be headed up by existing CS Ellis director Jonathan Munton. Road distribution will continue […]
TNT Express saw a 13% drop in EMEA operating profit in the third quarter, despite a 3,2% turnover rise, due to “challenging trading conditions in Europe”. The parcel firm, which last week received a statement of objections from the European Commission ahead of its acquisition by UPS, did not perform as well in its EMEA operations as it had during the same period in 2011, its Q3 trading results revealed. Reported operating profit margins fell from 6.4% in Q3 2011 […]
A fresh, young leadership team and a commitment to promoting from within are starting to pay dividends at family haulage firm CS Ellis.
Lloyd Fraser said it was in a strong financial position with healthy cash reserves after reporting a 3.4% increase in turnover last year.