Profit margins continue to be held back by customers’ reluctance to increase rates, John G Russell (Transport) chief executive, logistics, Alan Poulton has warned. “Margins still remain challenging; getting the right price for the job still remains challenging,” he told Motortransport.co.uk. “We believe the market still isn’t paying the right price for the quality they want for the job. “Although we have a good story to tell about customers staying loyal, the transport margin, in particular, is very difficult to […]
Expansion into international distribution should add around £1m a year in turnover this year, Manchester-based operator AK Worthington (AKW) has predicted. Having started daily services to nine overseas countries with weekly services to eight more, contributed to a 5.9% rise in the year to 30 June 2012 in annual turnover to £10.66m (2011: £10.06m) AKW’s turnover in the year was also boosted by passing more business through haulage consortium Partnerlink, which it is a shareholder in. Although AKW’s profit before […]
Supply chain consultancy Dematic has argued that recent structural changes in the grocery market have the potential to “significantly disrupt the food distribution chain”.