Geodis UK said its losses deepened in 2017 largely due to the “significant start-up costs” of a new site it opened in the Midlands. Newly published financial figures for the year ending 30 December 2017 revealed that the operator increased its turnover slightly to £50.1m (2016: £49.3m) but its pre-tax loss slipped further into the red, to a loss of £4.5m (2016: loss of £4.2m). It said there had been notable improvements in profitability in its UK core network activity […]
Meachers Global Logistics and Steve Porter Transport Group have launched phase one of a partnership they hope will develop, generating new business and stripping out duplication from their respective networks. The strategic partnership, which began in earnest this week after months of preparatory work, sees Meachers trunking the Isle of Wight-based Steve Porter Transport’s overnight groupage from Southampton to its Midlands DCs in Northampton and Coventry. The trunking includes work undertaken by Steve Porter Transport as part of the Fortec […]
Fortec has introduced new functionality to its IT system for its haulier members.
The Fortec Distribution Network plans to open a northern hub in a bid to unlock Scotland by the year’s end.