Whistl saw its pre-tax profit crash by more than 400% last year after ending its foray into the final mile delivery market, but predicts it will have recovered by the end of 2016. The company abandoned the final mile trials it was running in Manchester, Liverpool and London in June 2015 after its financial backer LDC withdrew its support. CEO Nick Wells accused Royal Mail of “screwing” Whistl’s operation by behaving anti-competitively. An Ofcom investigation into final mile access is […]
VW has extended its reach into the US truck manufacturing market after signing off on a $3.7bn deal for its heavy-truck unit Traton to acquire Navistar International.
A property revaluation was responsible for scuppering the bottom line at Bradford-based Expect Distribution in the year to the end of November 2012. It was enough to turn the previous year’s profit before tax of £432,500 into a loss of more than £943,700, despite a 14% rise in turnover from £15.8m to £18.1m.
As the world slowly starts to return to become more familiar, with the non-essential shops opening, us being able to socialise a bit more and seeing our families and the dream of having a pie and a pint almost within grasp, it seems like a good opportunity to look both back and forward.