DSV Road MD René Falch Olesen said that the economy in 2012 had affected the firm’s profit in what was a “satisfactory” year for the operator. Financial results for the year ended 31 December 2012, which were published earlier this month, showed that turnover was down 3.2% to £179.3m (2011: £185.4m), while pre-tax profit fell 41% to £5.6m, compared to £9.7m in the previous year. Falch Olesen said: “We were very happy with the results under the circumstance that the […]
Croydon-based PF Whitehead Transport Services increased profits by 2.6% last year on revenues that remained broadly static.
Gregory Distribution is looking to the future with the appointment of a new MD, the expansion of its apprenticeship training programme and the opening of a new depot.
Palletline member Miniclipper Logistics has admitted volumes have not been hit as badly as expected by the COVID-19 pandemic but that companies without a warehousing side might struggle to survive.