Lloyd Fraser Holdings has delivered a mixed performance in what it described as a “very challenging” and price driven market. Reporting its annual results for the twelve months to 28 February 2018, the Rugby-based company revealed that its operating profit had risen by almost two thirds whilst its turnover had fallen by 26% in the period. The company’s turnover was £40.9m, a pro-rata fall of 26% when compared to turnover in the previous 18 month period, which stood at £83m. […]
Kuehne + Nagel group chief executive Reinhard Lange is to step down in May. The news came as the firm reported a dip in European EBITDA and turnover due to intense margin pressure.
Lloyd Fraser has won a five-year deal with retailer Dunelm Mill.
Express delivery firm Aspray Transport will shortly begin constructing a new 10,000 pallet high-bay storage facility at its Willenhall, West Midlands hub. Construction of the 17m high facility, which will also include an area for block stacking, will begin in October. The firm, which recently bought over five acres of additional land around the site, is also putting an extra 40 parking spaces in place for trailers. Both developments should be operational in June next year. Aspray’s investment in hub […]