Contract logistics the star performer for DHL, but weak rates take a toll
German logistics giant DHL saw group operating profit (Ebit) in the first quarter decline by ...
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UK-based Clipper Logistics has been awarded a five-year contract extension from Tesco, just days after it became the latest transport and logistics company to list on the London Stock Exchange.
The move was a capital-raising venture designed to fund Clipper’s e-tail logistics offering and European expansion plans.
The company’s share price jumped around 35% on the back of the news.
Clipper formally debuted on the London Stock Exchange on 4 June with an initial price of £1 per share and was this morning ...
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