Nelson Distribution was profitable in its final year of trading before it became part of the Knights of Old Group, newly published accounts show. The Belper-based business, owned at the time by the Nelson family, recorded a profit for the period 1 April to 31 May 2016 of £462,130. The average number of employees in the period was 76. The accounts also showed that Kettering-based Knights of Old became the ultimate parent company of Nelson Distribution on 31 May 2016. […]
The RHA’s claims of a “breakthrough” in its talks with ministers for extra support for the industry may come too late for many, as its own survey reveals thousands are now at risk of going bust.
Gefco, the logistics arm of PSA Group, saw its global revenue rise 12.9% in 2011 as it prepares to embark on what it describes as a “decisive year” for the company. For 2011 Gefco reported global revenue of €3.8bn, compared to €3.4bn a year ago, and an operating income of €223m (2010: €198m). Excluding its PSA business, revenue was up 19.2% to €1.4bn. In January Gefco revealed new contract wins with Chevrolet and HPC Healthline. A statement from the firm […]
The transition from Norbert Dentressangle to XPO Logistics in 2015 saw the 3PL make strong turnover gains across its three primarily road transport based activities in the UK.