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 […]
Plymouth-based Global Garden Products (GGP) has extended its contract with Wincanton, which will take the partnership to a decade. Wincanton has provided warehousing and distribution for the manufacturer’s powered garden products since 2003, delivering to the main B&Q DCs, and direct to GGP retailers nationwide. The contract is run from Wincanton’s Rothwell depot in Leeds. Wincanton manufacturing MD Chris Kingshott said: “This latest contract extension will bring our partnership up to the 10 year mark- a tremendous milestone of which […]
Coventry-based automotive logistics provider Acumen Automotive Logistics has won a three-year contact with BMW Group UK for the delivery of finished vehicles to dealers.
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.