AO World has issued its second profit warning in two months as it continues to be hit by the HGV driver crisis and supply chain shortages of electrical goods ahead of Christmas. Despite benefitting from the e-commerce boom fuelled by the Covid-19 pandemic lockdowns last year, the company has revealed it made a £10m loss between April and September, partly due to acute shortages in electronics such as Apple’s iPhone and games consoles, as a result of the global shortage […]
Royal Mail has won a three-year contract with book retailer Waterstones to handle delivery of all online goods.
S&S Distribution, the Kent-based haulier snapped up by Palletline last year, recorded a pre-tax loss shortly after its purchase, newly published accounts show.
Caroline Green joined Pallet-Track as chief financial officer a year ago and replaced Nigel Parkes as chief executive on 1 April. She began her career with Xerox and joined Pallet-Track from e-commerce specialist ReBound Returns, where she was chief operating and finance officer. MT finds out how the new job is going and gets her views on the challenges facing the wider sector… Q&A Pallet-Track profits were up 57% last year. Do you expect that trend to continue? Yes and […]