DSV Road saw turnover fall by £13.3m in 2015 after a “challenging year” that saw it lose a major customer. The company’s annual results to 31 December 2015 published to Companies House, reveal that turnover fell to £174.1m (2014: £187.4m). DSV said this was due, in part, to the collapse of papermaker Tullis Russell, one of its largest customers, in July last year. However DSV Road, which is a subsidiary of Danish logistics giant DSV Group, saw a small increase in […]
Telematics market leader Microlise became a PLC when it listed on the London Stock Exchange’s AIM at 8am on 22 July. The privately-owned group sold £61.2m of shares to investors at 135p per share, valuing the company at £156.5m. The shares opened at 137.5p and quickly rose to 146.5p in early trading.
More of the £500m being set aside for encouraging the take-up of ultra low emission vehicles should be allocated to freight vehicles, the FTA has suggested.
Pre-tax profit fell by almost a third at UK Mail in a year that saw the group move to a new hub and fit-it with incompatible parcel sorting technology.