Chilled logistics specialist NFT Distribution was back in the black before it was acquired by new owner EmergeVest earlier in the year, posting a pre-tax profit of £1.6m in the 12 months ending 31 March 2014. NFT had previously posted a loss of £5.8m, and turned around its profit performance in 2013/14 despite flat sales with turnover down slightly to £169.4m, compared to £169.7m in the preceding financial year. Chief executive David Frankish said in his statement: “Whilst the economic […]
Food logistics supplier NFT Distribution is to open a new distribution centre at the Port of Tilbury to serve importers.
NFT Distribution has bought 40 Schmitz Cargobull trailers as part of an ongoing fleet replacement programme.
Culina Logistics has finalised the transfer of a juice distribution contract for MMUK (the UK subsidiary of Spanish food supplier AMC Group) after it won a contract previously held by rival NFT Distribution.