Chilled food logistics specialist NFT has announced a management restructuring that will see chief operating officer Ross Eggleton become chief executive at the firm in January. As part of the restructuring, current CEO David Frankish will become NFT vice- chairman with responsibility for strategic customer development and acquisition and merger opportunities. He will also become a senior advisor to NFT’s private equity owner EmergeVest. Eggleton, who joined the company from supermarket group WM Morrison earlier this year, has taken on […]
Palletforce will begin work on a £20m “super hub” next to its existing Burton upon Trent site this year.
Palletline has parted ways with its operations director of seven years, Mark Pulford, by ‘mutual consent”, MotorTransport.co.uk has learnt.
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 […]