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 […]
Cambridgeshire transport and storage provider Knowles Transport managed to generate an 11.4% pre-tax profit margin in the year to the end of December 2013 despite a sharp drop in turnover, figures logged recently at Companies House have shown.
Bibby Distribution is creating 50 new jobs after it doubled the capacity of its Max Park site in Corby by snapping up a neighbouring 212,500ft² warehouse.
Trucking capacity on European roads remained at a low level in July according to industry analysts, resulting in a significant increase in spot market rates.