Boughey Distribution said it had a “positive” year in food distribution despite difficult conditions caused by supermarkets that are fighting for market share deflating prices. Turnover at the division of NWF Group for the year-ending 31 May rose to £37.2m, up from £36.4m in 2014, while operating profit in the division increased by 25% to £2.5m, compared to £2m in 2014. Last year it consolidated its operations into a single site at Wardle, Greater Manchester, meaning that it no longer […]
WH Bowker has bought haulier James Nuttall (Transport) and its commercial MOT testing centre, Queensway Commercials, in a move aimed at strengthening its warehouse and distribution business.
Last week the MT Tracker took a break as it was judging the MT Awards – but what a difference a week makes. Rentokil finally sold City Link, to investment house Better Capital. This does make a big difference to the MT Tracker as Rentokil’s size, in comparison to every other listed transport firm, was distorting the results of the Tracker. Excluding Rentokil gives us a much truer picture of investor sentiment in the sector.
Fuel, food and feed distributor NWF saw performance fall in the latter half of last year as the impact of Covid-19 and Brexit uncertainty took its toll on the business.