Eddie Stobart Logistics saw its turnover and profit grow in its first full trading year under the majority ownership of private equity firm DouglasBay Capital, despite what it described as difficult trading conditions in its core markets. Filings made by Eddie Stobart Logistics show that for the year-ending 30 November 2015 the business posted a turnover of £496.5m, up 1.6% compared with £488.5m in the previous year – incorporating not just its UK activities, but those in Ireland and continental Europe. […]
Trading at the transport operations at Welch’s Transport this year is “progressing well” after a “reasonable performance” in 2012, according to MD Jim Welch.
Growth in haulage rates slowed almost to a halt in the first three months of the year, according to the latest figures from the Office for National Statistics (ONS). Average haulage rates grew by just 0.1% against a 2005 baseline in the first quarter of 2013, down from 0.2% during the final quarter of 2012, the latest Services Producer Price Index from the ONS has revealed.
DX Group saw turnover slip during the first half of its financial year as it continued with its strategy of ending commercially unattractive contracts that were inherited with its acquisition of the former Nightfreight business.