Clipper Logistics Group saw turnover in all of its divisions soar in the year before its IPO as a result of e-commerce business win, as well as organic growth from existing contracts. Its results for the year to 30 April 2014 revealed that turnover in its e-fulfilment logistics division grew by 55% to £46m (2013: £29.6m), while turnover derived from other logistics business grew nearly 30% to £89.6m (2013: £69.3m). Adjusted EBIT (earnings before interest and tax), grew by almost […]
DX Group has had its accreditation to provide courier services to the Government Procurement Service renewed.
Lewis Tankers has won a three year distribution contract with Vivergo Fuels, transporting bioethanol to refineries across the UK. The contract will see Lewis Tankers distribute bioethanol from the fuel firm’s biorefinery in Saltend, near Hull, Humberside – which is expected to become fully operational this quarter – to major fuel suppliers across the UK. Lewis Tankers will initially manage the operation out of its headquarters in Hensall, North Yorkshire, but expects to review this as volumes increase and planning […]
Profit fell by almost a third at Royal Mail in the first half of the current financial year, as the business invested heavily as part of its ongoing modernisation.