The holding company for Eddie Stobart said revenues had increased by 2% for the year ending 30 November 2020, to £874.3m. GreenWhiteStar Acquisitions (GWSA), which as well as Eddie Stobart also includes Eddie Stobart Europe, iForce, The Pallet Network, Logistics People and an investment in Speedy Freight, said underlying EBITDA profit during the period was £47.8m, compared to £4.2m the previous year. The company said the impact of changes in accounting standards – IFRS 16 – further increased its underlying […]
“Urgent action needed to stop avalanche of redundancies and insolvencies,” warns head of Logistics UK
Logistics UK has warned the government it needs to act now to stimulate economic activity and restore consumer confidence amid claims the nation’s businesses are “stagnating” after two months of cautious re-opening following the pandemic.
Waitrose plans to open its second dedicated online DC in London next year, doubling the number of delivery slots available to customers in the area.
CEVA Logistics saw its turnover fall by 10% last year due to the non-renewal of existing contracts.