Food distribution specialist Fowler Welch more than doubled its operating profit in the first half of the current financial year, its interim report shows. Released today, the results for the six month period ending 30 September 2015 show a 118% increase in the firm’s operating profit to £3.5m (2014: £1.6m). However its revenue saw a 7% fall from £78.1m to £72.3m. The results show the company, which is the logistics and distribution arm of parent company Dart Group is operating […]
Widdowson Logistics’ sister company Davis Haulage owed unsecured creditors £4.7m when it was placed into administration just before Christmas.
UK logistics is pretty much a private, and foreign, affair. The operators sitting at the top of the MT Top 100 are German, Swiss, Dutch , French and American. Looking at UK-based firms, very few sit on the London Stock Exchange (LSE). The number of UK logistics firms turning to the City as a means of investment has dwindled, ever since the Malcolm Group withdrew its listing in 2005. Last month Autologic was struck of the list after fellow publicly-listed […]
A group that aims to promote Sheffield as an area for more warehousing and logistics companies to invest in was launched at Multimodal yesterday (29 April).