Fortec has launched a corporate division as it looks to expand its reach with larger, national customers and attract more “blue-chip” clients to the network. The Daventry-based pallet network says the new division was necessary as national and international accounts often require too much funding upfront for individual network members to be able to take on. Neil Hodgson, Fortec MD, says: “This type of business is beyond [most members’] reach in terms of financial risk and scale. However, through bringing […]
Creditors of NFT Distribution Operations have contacted Motor Transport, criticising the way its business and assets were sold and unhappy that it could take months before unpaid invoices are settled.
Adjusted EBITDA at Ceva Logistics doubled to $80m (£51.6m) during the second quarter of 2013 as it continues to restructure its balance sheet and experience more growth in the UK.
A “strong” pipeline of new business in its logistics division helped Clipper Group offset a serious decline in turnover at its CV dealerships in the year to the end of April 2013, the firm’s annual accounts reveal.