UK Mail said it has “positive momentum” before it enters the Christmas peak, as investments in additional capacity have allowed it to make “further progress” , while it waits for its proposed acquisition by Deutsche Post DHL to conclude. However in the six-months to 30 September turnover was down 3.2% to £230.2m, compared to £237.6m in the same six-month period a year ago. Pre-tax profit was up 158.4% year-on-year to £5.8m – but in H1 2015 it reported net exceptional […]
Yodel has unveiled plans to open 13 additional sites in the run-up to Christmas as part of its winter delivery plans.
The quiet before the storm this week – Stobart’s results are out tomorrow. Will the boardroom shenanigans of the past few months have led the management to take their eyes off the ball? Come back to MT.co.uk tomorrow to find out!
The MT basket of transport shares continues to have a little wobble in September, but it is worth keeping in mind just how much share values of transport firms have risen in the nine months of the year so far – pointing towards a more sustained recovery in the sector.