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 […]
TNT Express has said it hopes to see a “positive impact” from its profit improvement plan in the second half of 2013, after reporting a 26% drop in first quarter EMEA (Europe, Middle East and Africa) operating profit.
Rico Logistics has told MotorTransport.co.uk that further acquisitions are on the cards, after its integration of the DHL Express Same-Day courier business it bought last November.
Clipper Logistics is to replace DHL Supply Chain as Arcadia’s store delivery partner.