Clipper Logistics almost broke the £200m turnover barrier in its most recent results, covering the six months ended 31 October. The retail logistics specialist grew turnover by 21% year-on-year to £199.7m (2016: £164.9m). Clipper’s pre-tax profit also grew in the six months, rising 15.6% to £7.9m (2016: £6.9m). The operator said some of the extra turnover had come from the acquisitions of Tesam Distribution and RepairTech, which completed during the period and were “immediately earnings enhancing”. Clipper also launched new […]
Maxi Haulage saw an increase in turnover in the financial year ending 30 September 2014, continuing its growth streak of recent years.
Major management restructuring in the face of declining revenues at the UK International division of TNT Express has also seen ‘a handful’ of top executives made redundant, Motortransport.co.uk has learnt.
Clipper Logistics has signed a five-year deal with Edinburgh Woollen Mill.