Contract changes and one-off project costs contributed to Gist’s annual profit plunging by more than half last year, according to the firm’s latest results. Whilst the food, networking and contracts logistics business saw turnover rise 4.8% to £437.3m (2016: £416.6m) in the year to 31 December 2017; its pre-tax profit fell 50% to £8.8m (2016: £17.7m). In its strategic report to the accounts, the company, which counts M&S, EAT and Starbucks among its clients, attributed the downward profit spiral to […]
UK Mail is anticipating a fall in both pre-tax profit and turnover for the year ended 31 March 2016 after the installation of incompatible technology incurred huge costs.
Union Unite has said that it is looking to work in a “positive and constructive manner” with the management at AM Widdowson & Son after it emerged that a recovery plan at the Leicester haulier would involve 50 redundancies.
Aberdeen transport and logistics provider ARR Craib has taken delivery of 15 new Iveco Stralis 6x2s and 45 SDC triaxle curtainsided and platform skeletal trailers in a long-term rental deal with Ryder.