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 […]
Rising driver wages and greater use of agency staff to combat recruitment difficulties contributed to a second year of reduced profit for Felixstowe-based container haulier James Kemball.
The MT Top 100 largest operators in the UK run on an average margin of just 2.6%, and this comes after the industry became more profitable in 2012.
Bradford-based logistics firm Expect Distribution has closed its two-man e-retail delivery operation, following a number of “operational challenges”.