Eddie Stobart Limited (ESL) slashed its losses by 77% in 2020 after exiting a number of “unprofitable” contracts, implementing cost cutting measures and applying a new accounting standard. However, its decision to turn its back on its “uneconomic” industrial, retail and bulk contracts also saw turnover fall by 7% in the period. ESL operates a fleet of around 2,200 trucks and 5,000 trailers and employs over 4,000 staff, based at 43 operating centres around the UK. Reporting its annual results […]
Clipper Logistics has secured two contracts: one with luggage brand Antler and another with camping-equipment retailer Go Outdoors.
XPO Logistics’ plan to split its company into two separate entities moved one step closer this week with the unveiling of the executive board of the contracts logistics business.
Creditors of Searon Logistics are thought to be owed £7.26m after the Felixstowe company’s fall into administration.