Eddie Stobart Logistics’ growth continued at a gallop in the first six months to 31 May 2018, driven by a mix of acquisitions, new contract wins and retained business. Turnover increased by more than a quarter (25.3%) in the period to £359.3m (2017: £286.8m). The operator’s acquisitions continued to perform strongly – iForce sales increased 20% and Speedy Freight’s by 52% in the period – but organic growth was robust too. Eddie Stobart Logistics said it had seen strong growth […]
Hargreaves Services’ logistics division has felt the impact of Brexit, after a UK port delayed a £7m earthworks project in light of the EU referendum result.
UK Mail’s forced move to new premises has had a disastrous short-term impact on the business with full-year profit now expected to be half that achieved last year, the company warned today.