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 […]
Courier company TGH Logistics has gone into liquidation, owing creditors over £130,000.
A combination of winning and retaining business and improving efficiency helped turnover and pre-tax profit at Wincanton grow in the first half of this year.
Skills for Logistics (SfL) has started the roll-out of its Logistics Guild and revealed it will be free to join. The modern day guild, which MT revealed had secured funding last month (17 September), is described as “a member network run by members”. It is intended to meet the development needs of the 2.4 million people that work in logistics. “The guild will build the self-esteem of many workers in the sector and improve its image,” SfL chief executive Mick […]