CM Downton’s deal to buy C&H (Hauliers) has created a haulage group with an annual turnover of more than £114m, and set it on the path to becoming a true 3PL. Charles Gee Group, parent company of C&H, entered administration last month after citing acute cashflow problems. Downton – MT Haulier of the Year 2012 – had a turnover of £93m in the financial year ended 30 June 2012, posting a pre-tax profit of £6.3m. C&H had a turnover of […]
Laser Transport International increased its turnover and profits before it was snapped up by Currie Solutions Group last year.
The logistics industry needs to be able to react quickly to changing consumer trends, especially as the UK has become one of the leading e-commerce markets, according to the FTA.