Despite selling a majority share to Rico Logistics in January last year and exiting its Company Voluntary Agreement (CVA) early, Circle Express made a loss last year. Reporting its results for the 17 months to March 2016, Circle Express, which runs more than 300 vehicles across eight airport depots, said it had “faced a challenging start to the period under review, with a downturn in trade, coupled with a significant increase in the fixed cost base of the company”. This […]
WH Malcolm saw pre-tax profits rise by more than half last year but warned that the Covid-19 pandemic will have an adverse impact on the company’s performance this year, despite a strong performance from its logistics division in the food and drink sector during lockdown.
The Chartered Institute of Logistics and Transport (CILT) UK has criticised the way in which Liverpool’s bus lane suspension trial is being conducted and called for the Mayor of Liverpool to terminate it.
Rico Logistics has told MotorTransport.co.uk that further acquisitions are on the cards, after its integration of the DHL Express Same-Day courier business it bought last November.