Gist’s annual profit tumbles by 50% after heavy investment

AKW Group saw its annual pre-tax profit climb by more than 60%, despite a £600,000 write off, after it delivered better-than-expected sales at its transport, warehousing and contract packaging businesses.

Lockwood Haulage saw its annual turnover climb by almost 20% to £17.5m in its latest reporting period, thanks to new wins and the development of existing partnerships.

A double-digit rise in income from its expanding warehousing operation helped food logistics service provider Grocontinental achieve a 6% increase in turnover in the year to 31 October 2014.