Eddie Stobart Logistics (ESL) made a statutory loss of £238.9m last year after ratcheting up exceptional costs of £200.2m, including a £169.2m impairment charge. Announcing its annual results for the year to 30 November 2019, chairman Adrian Collins said the report made “difficult reading” but insisted the company is putting “these issues behind us”. The results reflect the impact of a turbulent year at the company which saw it come close to collapse after its shares were suspended following the […]
Maxi Haulage is on course to deliver “acceptable” profit levels this year after driver wage rises and a steep hike in shipping costs to Ireland saw the firm’s pre-tax profit take a 41% hit in 2017.
Volumes in UK pallet networks held up well in the third quarter, falling just 0.3% year on year, despite the impact of the viral pandemic.
Ambitious Bradford-based operator Advanced Supply Chain has launched a consultancy service offering logistics advice to SMEs. The operator, which has predicted a turnover of £100m within five years, is targeting the new Consultancy Plus service at smaller businesses. The first company to benefit from the new service, Lancashire-based soft furnishings supplier J Rosenthal & Son, has already made improvements to operational management, staffing, strategic thinking and recruitment. Mike Danby, chief executive at Advanced Supply Chain, said: “We decided to bring […]