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 […]
Subcontractors have slammed Fowler Welch’s plans to review rates in the midst of the COVID-19 crisis.
Kerry Logistics (UK), the Manchester-based 3PL and freight forwarding company, boosted its profit by 28.8% in the year ending 31 December 2019 following investment in its sales teams.
UK Mail’s forced move to new premises has had a disastrous short-term impact on the business with full-year profit now expected to be half that achieved last year, the company warned today.