Howard Tenens remains confident that it is “well positioned” to grow its business, despite posting a 15.4% drop in pre-tax profit last year. The operator’s annual results for the year to 30 September 2013, filed to Companies House, revealed that despite a 3.3% increase in turnover to £57.1m (2012: £55.2m), pre-tax profit fell to £3.9m from £4.6m. Its pre-tax profit margin also dropped from 8.4% to 6.8%. In their report, the directors attributed the reduction in profit to “losses from […]
Members of the FTA’s Logistics Carbon Reduction Scheme (LCRS) are on track to meet their target of an 8% reduction in the carbon intensity of their operations between 2011 and 2015, an FTA conference, Cutting Carbon, Cutting Costs, heard last week (21 May).
Huntingdon, Cambridgeshire-based Buffaload Logistics has entered into a joint venture with Chiltern Cold Storage Group to open a new 22,000ft² chilled storage facility in Livingston, Scotland from mid-March.