Road transport rates have hardly moved over the last three years, provisional new data from the Office for National Statistics (ONS) has shown. According to the ONS’s latest Services Producer Price Indices, rates for freight transport by road at the end of 2014 were no higher than at the end of Q1 2013, with the index for the sector in both cases standing at 104.8 – only fractionally higher than at the beginning of 2012 when the index was at […]
Food distribution specialist Fowler Welch more than doubled its operating profit in the first half of the current financial year, its interim report shows.
CM Downton saw good levels of growth across the business in its last financial year, with both turnover and pre-tax profit up nearly 9%.
The issue of significant downward rate-pressure remains the elephant in the room despite continued volume growth in the pallet sector, according to network heads. Speaking after the Association of Pallet Networks revealed its members had experienced volume growth of more than 4% in the first half of the year (compared to 7.9% in 2011), Adam Leonard, MD of The Pallet Network , said the sector was at risk of repeating the mistakes previously made in the independent parcels sector. “There’s […]