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 […]
The Fortec Distribution Network has become a signatory of the Armed Forces Covenant as part of its commitment to supporting military veterans.
Two former Fortec directors are making their industry comeback with the launch of the first new UK pallet network in more than a decade.