Fowler Welch saw a fall in pre-tax profit in the year ended 31 March as it undertook work at its Spalding site to create more space and upgrade the warehousing there. Its 156,000ft² site in Spalding is claimed to be one of the largest chilled food consolidation hubs in the UK and the largest in the operator’s network. Turnover at the site was 3.5% lower year-on-year as a result of a planned movement of volume to other company sites, which […]
Fowler Welch MD Nick Hay has strong views on fleet replacement cycles and the switch to Euro-6 as he explains to Steve Hobson Fowler Welch runs a fleet of 400 units and 800 trailers from 10 sites around the UK. Best known as a chilled operator, it dropped the ‘Coolchain’ from its public name in 2011 as it expanded into ambient distribution and today around 30% of its revenues come from the ambient side of the business.
UK logistics is pretty much a private, and foreign, affair. The operators sitting at the top of the MT Top 100 are German, Swiss, Dutch , French and American. Looking at UK-based firms, very few sit on the London Stock Exchange (LSE). The number of UK logistics firms turning to the City as a means of investment has dwindled, ever since the Malcolm Group withdrew its listing in 2005. Last month Autologic was struck of the list after fellow publicly-listed […]
Unexpected behaviour by supermarket customers, alongside the closure of its operating base in the Europe, led to a fall in turnover and pre-tax profit at Fowler Welch.