Chilled food distribution specialist NFT Distribution has had to adapt to a changing marketplace in the past few years. As the logistics provider to a range of food retailers including ASDA, Sainsbury’s and Marks and Spencer, it has seen volumes shift sharply as newcomers, including Aldi and Lidl, disrupt the market in a business that already functions on extremely tight margins. Those market headwinds, combined with last year’s delays at Calais due to migrant incursions and the cost of buying […]
Food logistics supplier NFT Distribution is to open a new distribution centre at the Port of Tilbury to serve importers.
EmergeVest, the private-equity firm that created EV Cargo from some of road transport’s best-known names last autumn, has revealed who will head each of its four divisions.
NFT Distribution reported profit up but turnover down in its first trading year under the ownership of private equity backer EmergeVest.