Boughey Distribution, the food division at NWF Group, is making “progress as planned” as it looks to consolidate work for several customers customers at its Wardle, Greater Manchester, site. In August NWF announced that Boughey would restructure its network, after reporting a 14.2% year-on-year drop in turnover to £36.4m, which would see services provided for customers at its Deeside depot consolidated into its site in Wardle. This, it said, would see trunking reduced and the Deeside site now only used […]
A lot has happened in the two weeks since the last MT Tracker, and today the government has revealed that it will begin selling shares in post and parcel operator Royal Mail within the next few weeks, adding another transport name to the companies listed on the London Stock Exchange.
Boughey Distribution’s parent company NWF Group says trading for the year ended 31 May has been in line with expectations. However, its food division, which incorporates the activities of Boughey Distribution, has experienced a weaker second half, which NWF says reflects lower volumes stored in the business. Nevertheless, the division’s profit contribution is expected to be ahead of expectations when the full-year results are announced on 14 August. NWF’s fuel distribution business has suffered a “disappointing” year, which the group […]