NWF Group, which owns Nantwich-based food logistics firm Boughey Distribution, has said its performance during the current financial year will be “significantly ahead of current market expectations”. In a statement issued on 16 May, the feed, food and fuel distribution business said trading in the winter and early spring months had been strong in the feeds division thanks to the late turn-out of dairy herds as a result of the prolonged and severe winter. Its fuel division also benefited from […]
Confidence among logistics operators has surged in the last six months with nearly 85% expecting their turnover to increase during 2014, a new survey has shown.
Owens (Road Services) said investment in its depot network and a focus on steel transportation, helped boost its turnover and profit in its most recent financial year.
A combination of improved productivity and reconfigured warehousing space helped Fowler Welch improve its profit margin in the six months ending 30 September. While parent Dart Group did not break down the profit performance of its transport and distribution arm, it did reveal that turnover for the period rose 8% year-on-year to £80.3m (2011 H1: £74.2m). MD Nick Hay said: “Our operating margins are better than for the first half year of 2011/12 due to further revenue growth, improved fleet […]