Wednesday 18th Sep 2019 - Logistics Manager Magazine

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Board24 renews contract with Bibby

Cardboard manufacturer Board24 has extended its contract with Bibby Distribution, which involves the delivery of up to 90 loads a day from Board24’s Coalville and Preston depots.

Clipper expects profits to be £20.2m for 2019

Clipper Logistics has told shareholders that operating profit for the year to 30th April 2019 is expected to be £20.2 million. This is moderately below expectations, and is the result of profits from some new contracts being recognised in 2020 rather than 2019.

DFDS cuts growth forecast

DFDS has cut its growth forecast for the year by four percentage points, blaming uncertainty over Brexit which it says is currently reducing UK trade and visibility.

Brexit plans hit profits at Waberer’s

Waberer’s, the giant Hungarian logistics operator, has blame a 6.4 per cent sales fall on lower volumes in the aftermath of the end-March Brexit date, which offset growth in the rest of the business.

Arco renews contract with XPO

Arco, the supplier of safety equipment and services, has renewed its less-than-truckload distribution contract with XPO Logistics.

DSV bid acceptances reach 98pc

DSV says it has now received acceptances for 97.98 per cent of Panalpina’s shares in its takeover bid for the company.