Unexpected behaviour by supermarket customers, alongside the closure of its operating base in the Europe, led to a fall in turnover and pre-tax profit at Fowler Welch. For the year-ending 31 March 2014 turnover at Fowler Welch, a division of Dart Group, dipped to £153.2m, from £155.2m in the previous year. Pre-tax profit fell from £4.4m to £3.3m. The temperature-controlled specialist said that the fall in turnover was primarily due to the closure of its European depot in the Netherlands. […]
UK logistics is pretty much a private, and foreign, affair. The operators sitting at the top of the MT Top 100 are German, Swiss, Dutch , French and American. Looking at UK-based firms, very few sit on the London Stock Exchange (LSE). The number of UK logistics firms turning to the City as a means of investment has dwindled, ever since the Malcolm Group withdrew its listing in 2005. Last month Autologic was struck of the list after fellow publicly-listed […]
Fowler Welch has won a full supply chain contract with Delamere Dairy to handle its Marks & Spencer (M&S) volumes.
Boroughbridge, Yorkshire food distribution firm Reed Boardall has been granted planning approval for a 110,000ft² extension to one of its cold stores.