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. […]
ACS&T has announced a 10-year deal with Ticco Foods, which will see it run a new 1,500-pallet temperature-controlled distribution centre at Colnbrook in Berkshire and to take over operation of Ticco’s 12-strong van delivery fleet.
Fowler Welch saw pre-tax profit fall by more than a third in the first half of its current financial year, after it was hit by the late delivery of new ambient contracts.
Marks & Spencer is to try out a liquid nitrogen-powered transport refrigeration unit (TRU) on one of its semi-trailers as part of its CO2-reduction strategy.