Eddie Stobart Logistics has seen its group turnover surge by more than a third thanks to a shopping spree that has seen it buy iForce, half of Speedy Freight and The Pallet Network (TPN). In a trading update issued today for the financial year ended 30 November 2018, Eddie Stobart Logistics revealed turnover had increased 35% to approximately £843m (2017: £623.9m). Even if the uplift from the acquisitions is stripped out, annual growth at the operator was 18% year-on-year. “This […]
Sainsbury’s has unveiled plans to develop an online fulfilment DC in Bromley, East London, to help meet growing demand from online shoppers in the region.
International online purchases from UK consumers are estimated to fall by almost a quarter over the next 12 months, according to a survey by Whistl.