The cost of rolling-out and running Whistl’s end-to-end final mile delivery service had exceeded £10m by the end of 2014, newly published accounts reveal. The service, which Whistl officially killed off earlier this month, saw costs associated with the network, in what was ultimately a failed bid to take on Royal Mail, balloon from £2.1m in 2013 to £10.3m last year. Following financial backer LDC’s decision to withdraw support for the final mile venture in April – at that time […]
Scottish multimodal operator John G Russell boosted pre-tax profit by 8% last year despite suffering from floods, sluggish rates and disruption on cross-channel routes.
Operator EM Rogers saw its pre-tax profit soar last year in the wake of low fuel prices and a strong pound against the euro, but said the UK’s vote to leave the EU could now prove costly to its operation.
Norbert Dentressangle’s (ND) UK business saw a 10% increase in its turnover last year, while group turnover jumped 15%.