Christmas has come early for haulage group Eddie Stobart as it revealed demand has soared to levels normally seen in December.
While coronavirus has been bad news for most of the economy, the demand on supply chains caused by panic buying has increased business for logistics firms.
Eddie Stobart praised the Government's decision to recognise logistics as a key sector but said it was still too early to say what the potential financial impact would be for the financial year ending in November 2020.
The firm, which came close to going bust before it was rescued by investor DBay in December, said: "The health, safety and wellbeing of our employees through these unprecedented times remains paramount. Economic uncertainty has led to market disruption, but we have implemented pragmatic measures to support our preparedness and ongoing ability to deliver services to customers to the same consistently high standards.
"Like other key members of the supply chain, we are all experiencing exceptional volumes that we would typically see around Christmas. Due to effective planning, our business is well placed to continue supporting all our customers' needs, fulfilling all work as usual, while also safeguarding the wellness of our employees."
