Hargreaves Services is keeping a watching brief after client British Steel went into liquidation. In a statement issued ahead of official confirmation that the business had entered the insolvency process, the group confirmed it had worked with British Steel for the past eight years supplying materials handling and other services to it. These include materials handling at Immingham port (unloading raw materials – iron ore, coal and coke) and transferring them to the Scunthorpe site as required; receiving raw materials […]
2013 was a year of moves forward for every transport firm listed on the Stock Exchange. And while we lost CityLink (to a management buy-out), we gained Royal Mail – and a whole heap of market capitalisation. So without further ado – let’s find out who the big winners were!
Mergers and acquisitions (M&A) activity in the transport sector throughout the world is predicted to rise for the fourth consecutive year, according to a report from KPMG.
UK Mail’s bull run couldn’t last. After hitting the heights of 510pence per share last week, following a stellar set of results, it has drifted back slowly to 497p as of today – still significantly higher than the 445p the week before its full year results. Not bad work in a fortnight. But it has still helped the MT basket of six shares hit a new high for the year: £18.67…