Almost a third of logistics companies fear new B2C delivery methods such as click and collect, viewing them as a threat to their businesses, according to a report by Barclays. The Last Mile report found that 31% of logistics firms identified retailers’ click and collect services as a threat, highlighting concerns with the possibility of larger retailers taking their deliveries in-house as a consequence. Just 16% of those surveyed said they were interested in developing the service. Just 24% viewed […]
Pressure on rates has led to Felixstowe-based container specialist Macintyre Transport reporting a 9% fall in pre-tax profit despite a near 11% rise in turnover. Turnover in the year to 30 April 2012 rose from £19.3m to £21.4m due to organic growth, said chairman Harvey Macintyre; pre-tax profit, however, fell from £895,000 to £813,000. Much of the profit slide was attributable to stagnant rates, said Macintyre. “We have been very proactive in taking costs out of the business since 2008, […]
The government should stimulate the economy by creating a quantitative easing programme for people rather than banks, according to Clugston Group CEO Stephen Martin.
Cambridgeshire transport and storage provider Knowles Transport managed to generate an 11.4% pre-tax profit margin in the year to the end of December 2013 despite a sharp drop in turnover, figures logged recently at Companies House have shown.