Clipper Logistics experienced a buoyant first half boosted by new contract wins and organic growth in its e-fulfilment operation. Its interim results for the six months to 31 October 2018 show group revenue increased 14.1% to £227.9m (2017: £199.7m); pre-tax profit was 16.9% up at £9.3m (2017: £7.9m). New business secured during the period includes an e-fulfilment operation for online fashion retailer Pretty Little Thing in Sheffield, which launched in July, and contracts with both Halfords and Sports Direct. Clipper […]
XPO Logistics has renewed its contract with Asda Stores to provide reverse logistics and asset management services for the next three years.
GXO is set to buy Clipper Logistics in a move which sees the US logistics giant ramp up its acquisition drive in the UK and turbo-charge consolidation in the UK logistics market.
Yodel owners the Barclay brothers remain the richest people directly deriving at least a proportion of their wealth from interests in road transport. But there are some surprising new entries in the 2013 Sunday Times Rich List published yesterday.