Whitchurch, Shropshire-based food logistics specialist Grocontinental has reported a near 29% increase in pre-tax profit for the year ended 31 October 2012 . Profit increased from £2.08m to £2.68m, which came on a rise in turnover of almost 9% to just over £28.3m (2011: £26m). Turnover was split almost evenly between the firm’s distribution (51.2%) and warehousing (48.8%) activities. The family-owned firm, which runs 65 tractive units and has 120 temperature-controlled and curtainsided trailers, said its warehouse space utilisation rose […]
CM Downton has signed a 20-year lease at Bristol Gateway, on a speculative build completed by Howard Tenens in April of this year.
Ferguson Transport (Spean Bridge) increased turnover by almost 11% last year, despite downturns in some of the sectors it operates in.
International Swiss-based freight and logistics business Kuehne + Nagel reaped the benefits of its long term growth strategy with record results in the 12 months to 31 December 2011. Globally, K+N saw net profit rise to CHF606m (£421m) on turnover of CHF19.6bn (£13.6bn), increases of 12.2% and 9% respectively after the effect of the strong appreciation of the Swiss franc against K+N’s major trading currencies was stripped out, according to Tim Scharwath, vice-president for global air logistics. In K+N’s four […]