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 […]
Operators attending Multimodal next week are urged to head over to Think Logistics’ stand, 622, to find out how they can get involved with promoting the sector to young people and assist with the launch of a series of logistics-themed Career Academies later this year.
BCA Marketplace, which owns WeBuyAnyCar.com, paid £16m in cash for Eddie Stobart’s automotive logistics business when it purchased it earlier this year.