The effects of a major fire that destroyed ArrowXL’s Worcester hub in 2017 are continuing to reverberate through the business, with the company reporting a 92% fall in pre-tax profits last year. In its latest annual results to 30 June 2019 the Yodel sister company, which specialises in two-man delivery and installation services, revealed a 92% pre-tax profit plunge to £62,000 (£862,000), despite turnover rising to £88.2m (2018: £78.1m) in the period. EBITDA fell to £3.2m (2018: £3.6m) in the […]
UPS is launching its UPS Saturday Standard delivery service this month across eight of Europe’s top e-commerce markets: the UK, Germany, France, the Netherlands, Belgium, Italy, Spain and Poland.
Creditors of Hull-based CJ Express could be left close to £1m out of pocket, according to the collapsed company’s statement of affairs.
The government has launched the Trader Support Service this week which aims to help Northern Ireland firms deal with the red tape created by the new Irish Sea border, which comes into force when the UK leaves the EU on 1 January next year.