AKW Global Logistics

AKW Group saw turnover rise by 11.7% across its transport and warehousing divisions last year.

The Manchester operator posted group turnover of £19.9m for the year ended June 2014 (2013: £17.8m), while pre-tax profit increased from £112,799 to £736,014.

The Partnerlink member said a decision to increase storage capacity during 2010/2011 had led to continued growth in its contract packing and warehousing division. Improvements in IT and a new warehouse management system had also improved operational efficiencies.

In its transport and haulage division, AKW said new sales had “exceeded expectations”, with turnover increasing from £11m to £12.6m, and pre-tax profit rising from £83,444 to £340,619.

Julian Richards, MD of AKW, said: “These results demonstrate that our group strategy of achieving sustained growth across all of our service propositions is working, and there is no reason why we cannot continue to go from strength to strength.”

Last year AKW reveled plans to merge with Global Logistics (UK) in a move that will create AKW Global Logistics.