Whistl saw its pre-tax profit crash by more than 400% last year after ending its foray into the final mile delivery market, but predicts it will have recovered by the end of 2016. The company abandoned the final mile trials it was running in Manchester, Liverpool and London in June 2015 after its financial backer LDC withdrew its support. CEO Nick Wells accused Royal Mail of “screwing” Whistl’s operation by behaving anti-competitively. An Ofcom investigation into final mile access is […]
United Pallet Network member DBL Logistics has secured £1.8m of funding from HSBC to expand the business with a new 50,000ft² Sheffield DC. Due for completion in January 2013, the new site will run in tandem with DBL’s existing 25,000ft² facility in the Sheffield Business Park, and the company hopes additional volumes will boost its annual turnover, currently £3m per year. The company holds an O-licence for 15 trucks and trailers, but will look to increase the authorisation to 25 […]
Wincanton has signed a conditional agreement to dispose of the operations of its container business to Maritime for around £1.5m.
Conditions in the road transport market have “never been more challenging” the chief executive of Gregory Distribution has said.