Welch’s Transport has laid down foundations for the future with the appointment of fourth-generation family member Chris Welch as its commercial director. Welch, who is the great-grandson of founder Gordon Welch and son of MD Jim Welch, joined the Cambridgeshire-based family firm in 2014. His previous posts include operations director at DHL in Cambridge and general manager at Dial-a-TV in Huntingdon, Cambridgeshire. Speaking to MT, MD Jim Welch said his son’s appointment as commercial director was part of a succession […]
Some of road transport’s biggest companies could face a hit to their cash flow after the chancellor signalled he was bringing forward corporation tax deadlines forward yesterday.
NFT Distribution recorded a pre-tax loss in the 12 months to 2 April 2016 after exceptional costs of £7.1m, although the operator said it was now well placed to prosper.
Turnover and profit at Welch’s Transport continued their upward trend last year, despite the Cambridgeshire haulier contending with a relocation and the driver shortage.