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 […]
Analytics company GlobalData has confirmed that the Covid-19 pandemic has begun forcing transport and logistics companies to accelerate the adoption of digital technologies.
A quarter of SME online retailers plan to focus on improving their delivery and returns processes in 2013 as the sector becomes more competitive. A study commissioned by Royal Mail revealed that small online retailers will prioritise improving their delivery and returns services above improving the range and quality of products they sell and pricing more competitively. Over half of the small e-tailers questioned saw an increase in sales last year. Some 64% are confident that sales will rise in […]
Two-person delivery company ArrowXL is trialling an extension to its established Highland service with Argos which will see customers on the main Scottish islands – including Shetland – able to order large items for home delivery from the online retailer on an available day of their choice at prices matching the rest of the UK.