Jersey Post has bought Portsmouth haulier Fraser Freight, after what the carrier described as one of its “most financially challenging years” to date. The postal operator said that the acquisition was a move to open new revenue streams, off the back of the declining letters market. Since 2007, Jersey Post’s letter volumes have fallen by 60%, although this has been offset by a 200% rise in packages and parcels. The operator’s chief executive Tim Brown, said: “2016 is one of […]
A committed customer base and varied operations helped Kent-based R Swain & Sons grow both turnover and pre-tax profit last year.
The head of Norbert Dentressangle’s (ND) UK logistics believes 2012 will see the operation cement its number one spot in ND’s overall international operations as the business shifts into another gear following the integration of TDG. In ND’s latest results, the UK outperformed all other countries to become its logisitic division’s key revenue contributor in 2011, generating 41% of the total. ND Logistics UK MD Malcolm Wilson tells MT.co.uk: “We’re in a great place; the business has a renewed scale […]
Pollock (Scotrans) saw turnover climb in its first financial results since its acquisition of fellow Palletways member Gilbraith (TS) last February.