UK Mail reveals new branding

UK Mail chief executive Guy Buswell has said the company will be investing in its depot network and automated sortation equipment after delivering an18% uplift in pre-tax profit.

Are there signs of recovery? Well, if the MT basket of transport shares is anything to go by there has been a little bit of growth in the past month. But this doesn’t tell the full story for all of our big eight transport firms listed on the London Stock Exchange.

Last week, Dart Group revealed a near to 13% pre-tax profit rise for its transport operation, Fowler Welch. Off the back of this, which saw profit climb from £3.9m to £4.4m for the year ended 31 March 2013 at Fowler Welch, its group share price has continued to move northwards, today leaping to £2.40, up from £2.14 last week.