Yodel has delivered its first profit in 10 years after benefitting from the home shopping boom generated by the Covid-19 pandemic lockdowns. According to its latest annual results to 30 June 2021, revenue rose to £561.1m (2020: £430.3m) whilst p…
Two-person delivery and installation specialist ArrowXL has returned to the black after two years of losses, boosted by soaring online demand for garden, home office and gym equipment and a major shift to e-commerce during the Covid-19 pandemic …
Parcel delivery and e-fulfilment company Whistl cut its pre-tax losses by almost two thirds in 2021, according to its latest figures. Annual results to 31 December 2021 reveal a fall in pre-tax losses to £3.2m, from a 2020 loss of £8.6m. Turnove…
Fedex UK saw its profits slide last year as it battled against the Covid-19 pandemic. Its latest financial results for the year ending 31 May 2021 showed that operating profit fell by 59% to £5.3m. Pre-tax profit also reduced by 52% to £7.2m. Ho…
Logistics group Maxi Caledonian saw its profits almost double last year as it emerged from the pandemic and concluded historic projects. Turnover increased by 8% to £80.6m for the year ending 30 September 2021 and pre-tax profit was £4.2m (£2.1m…
Hellmann Worldwide is back in the black after a year of “both challenge and opportunity”, the company has revealed. The group, which was founded 150 years ago in Germany, is a global multimodal logistics provider specialising in vertical markets…
Fergusons Transport increased profits by 38% last year, despite it being forced to tackle problems arising from the pandemic, supply chain difficulties and spiralling costs of fuel and wages. Latest financial results for the Cramlington haulage …
Freight management services firm Xpediator saw group revenues rise by 34% to a record £296.6m in 2021, aided by strong performances from its freight forwarding, warehousing and logistics divisions. Revealing its annual results to 31 December 202…
Pall-Ex Group said its decision to invest in its people and technology helped boost turnover by 35% last year. The group said revenues had increased to £117.6m in the year ending 31 July 2021 and partly contributed to a 52% rise in gross profit …
Profits at Northern Ireland-based Woodside Logistics Group increased by over 27% last year, despite operating in a challenging environment. The group, which includes Woodside Haulage, Woodside Distribution, Woodside Motorfreight, Woodside Wareho…
Brian Yeardley Continental is rising phoenix-like from near collapse, 14 months after it was forced to issue a company voluntary arrangement (CVA) after seeing its turnover plummet by 60% during the Covid-19 pandemic and lockdowns in the UK and …
Wm Armstrong (Longtown) managed to boost pre-tax profit in 2020/21 in the face of a variety of challenges, including its Authorised Testing Facility being forced to cease trading due to DVSA cancelling testing during the Covid-19 pandemic lockdo…
UPN said its 2020/21 trading period was “a landmark year” after revenues rose by 4% to £10.3m. Latest figures for the pallet network, for the year ending 31 March 2021, showed that turnover increased by almost £400,000 as it shrugged off any pot…
Europa Worldwide Group’s investment in its Corby 3PL warehouse, coupled with the effects of Covid 19, led to a 39% reduction in profits in 2020, its accounts showed. However, the logistics operator saw revenues rise by 2.5% to £210.7m in the yea…