The Pallet Network (TPN) continued to thrive in its first full year after being acquired by Eddie Stobart Logistics (ESL), according to its latest annual results. TPN, which was bought for £52.8m by ESL in June 2018, reported a “strong year” in all areas, despite the impact of Brexit, with a rise in membership numbers and the continuing success of its regional hub strategy. TPN’s latest financial results to 30 November 2019 revealed a rise in turnover to £129.3m in […]
The future of Hellmann Worldwide Logistics rests on the success of a major refinancing deal being negotiated by its German parent company, the 3PL’s auditor KPMG has warned.
Clugston Distribution Services (CDS) has swooped for Hull-based Trans 2 Logistics in a pre-pack sale that saved 18 jobs.
TNT UK made a pre-tax loss for the fourth year running in 2017, during a lengthened reporting period that brings the company in-line with parent company FedEx’s financial year.