Advanced Supply Chain suffered a 44% drop in pre-tax profit in the year ended 30 June 2014, according to newly published accounts at Companies House. The accounts show that Advanced Processing, which trades as Advanced Supply Chain, suffered a pre-tax profit fall to £730,698 (2013: £1.3m) after a major, undisclosed customer, was sold to new owners. In the strategic report that accompanied its Companies House filing, the firm said pre-tax profit was “ultimately lower than originally expected” after restructuring its […]
In April US 3PL XPO Logistics surprised the European logistics market with an unsolicited €3.24bn (£2.3bn) offer for French giant Norbert Dentressangle (ND).
Yodel has denied it may be up for sale, following reports that its owners the Barclay family were reviewing their entire stable of UK businesses.
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.