Boughey Distribution parent NWF Group has revealed that its pre-tax profit fell by a third, despite a 16% increase in revenue. Revenue rose to £540.2m for the year-ending 31 May, up from £463.8m 2011. However pre-tax profit dropped to £5.1m, compared to £7.6m in the previous financial year. Chief executive Richard Whiting says: “NWF has delivered a profit in line with the board’s expectations and has been successful in reducing debt further than expected.” Fuel division NWF Fuels continues to […]
A revised Safe Loading Pass Scheme (SLPS) for accessing fuel distribution terminals has been launched by the UK Petroleum Industry Association (UKPIA), the Tank Storage Association (TSA) and the FTA.
In November, DHL Supply Chain revealed it had beaten off rival bids to renew a six-year fuel distribution contract with the UK’s fourth largest supermarket, Morrisons – a deal that extends their overall working relationship to 12 years.
The leader of the Welsh national party, Plaid Cymru, has signed up in support of PetrolPromise.com. Elfyn Llwyd is the 69th MP to back the campaign website’s push for an Office of Fair Trading (OFT) investigation into the price of fuel. PetrolPromise, which was founded by Robert Halfon MP, wants the non-tax element of the price of fuel reduced. As well as an OFT investigation, it is calling for a Royal Commission to be set up to investigate how fuel […]