Xpediator flies in face of pandemic to deliver 18% profit


 

Xpediator has defied the Covid-19 pandemic to deliver an 18% rise in pre-tax profits this year, according to the company’s latest trading update. The 3PL, which recently bought UK international groupage freight forwarder Nidd Transport, said it expects to report £6m in pre-tax profits for the year to 31 December 2020, up 18% from £5.2m last year. Despite seeing a sharp drop in volumes at the beginning of the Covid-19 outbreak the company said trading has continued to recover to […]