Fortress SITC – liner shipping's insulated star performer
Is it a bird? Is it a plane? Nope, it’s a ship
Revenues from e-commerce fulfilment and logistics is now worth almost the same as traditional freight forwarding for UK 3PL Clipper Logistics, which released its annual report this morning.
In a statement to the London Stock Exchange, the group said revenues from e-fulfilment and customer returns management services came in at £97.6m in its financial year to April 30, a 61.1% increase on the £60.6m it achieved in 2015. Non e-fulfilment logistics generated £108.4m, a 6.1% rise on the £102.1m last year.
Total revenue ...
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