Chilled food specialist NFT Distribution has appointed Ross Eggleton to the newly created role of chief operating officer with immediate effect. He takes on responsibility for ensuring operational excellence across NFT’s transport and warehouse operations. Eggleton joins NFT from WM Morrison Supermarkets where he was logistics and supply chain director. Before that his roles included senior positions at Asda and 3PL Lloyd Fraser Group. Earlier this year, NFT, which is owned by EmergeVest, strengthened its executive team with Nick Winder […]
NFT Distribution has acquired Carmarthenshire-based NR Evans in a deal that values the temperature controlled specialist at approximately £20m.
By the time the Beast from the East had done its damage and spring was finally making itself known, official figures showed that there had been 574 insolvencies in UK logistics during the first three months of 2018.
Chilled food distribution specialist NFT has seen its turnover and pre-tax profit rise at the same time as signing a five-year refinancing package with HSBC. Turnover increased by 8% to £152.4m for the year-ending 31 March, from £140.9m a year ago. Pre-tax profit rose 60% from £1.4m to £2.2m. Its shared user transport network delivered an average of 39,000 pallets a week of food and general merchandise in the financial year, an increase of 40% year-on-year. A contract with an […]