The Office of Fair Trading (OFT) is about to enter the final stage of its investigation into Mercedes-Benz and five vehicle dealerships over suspected breaches of the Competition Act in the distribution of commercial vehicles. The investigation, launched in 2010, relates to five separate alleged infringements between March 2007 and January 2010, each of them involving two or three dealers, and two of them also involving Mercedes-Benz. Apart from Mercedes UK parent Daimler UK, and ultimate parent Daimler AG, the […]
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.
A combination of organic growth in its same-day distribution business and the acquisition of six companies last year helped courier firm CitySprint increase its turnover.
Gefco, the logistics arm of PSA Group, saw its global revenue rise 12.9% in 2011 as it prepares to embark on what it describes as a “decisive year” for the company. For 2011 Gefco reported global revenue of €3.8bn, compared to €3.4bn a year ago, and an operating income of €223m (2010: €198m). Excluding its PSA business, revenue was up 19.2% to €1.4bn. In January Gefco revealed new contract wins with Chevrolet and HPC Healthline. A statement from the firm […]