Malcolm Group saw revenues fall 12.9% in the year ending 31 January 2021, after both its logistics and construction services and waste management divisions were impacted by the pandemic. Turnover was £193.8m in the period, compared to £222.6m the previous year. Operating profit was £9.5m, against £10.6m in 2020, although its operating margin increased to 5% from 4.7%, an improvement described by the group as “a creditable performance, given the impact of the Covid-19 pandemic throughout the global economy”. Read […]
Yodel has delivered annual profits “well beyond all forecasts” driven by the boom in e-commerce which saw it land a number of major deals with multiple clients over the past year. In its latest trading update for the fourth quarter to 30 June 2021, the company revealed it has exceeded its financial targets, with Q4 volumes up by a record 12% compared to the same period last year. Total volumes in the twelve months to 30 June 2021 leapt by […]
Brittany Ferries is launching three new weekly freight-only sailings between Ireland and France. They will begin this Thursday (4 February) with a sailing between Rosslare and St Malo.
Culina Group chief executive Thomas van Mourik (pictured) has slammed the government’s handling of Brexit, insisting the movement of goods between the UK and Ireland remains “a big bloody mess” that has cost operators “a boatload of money”.