Reed Boardall Group saw pre-tax profit rise almost 60% last year despite “fierce competition” in the transport industry and rising fuel costs. Reporting its latest annual results to 31 March 2018, the temperature controlled logistics firm revealed a 2.3% rise in total turnover to £61.6m (2017: £60.2m) and a profit hike of 59% to £1.4m (2017: £865,921). This represented a profit margin of 2.3% compared with 1.4% a year ago. The group’s cold storage services division provided the lion’s share […]
Temperature controlled storage and transport firm Reed Boardall has been named Fresh and Frozen Foods Haulier of the Year by retailer Tesco. The firm, which operates from a 142,000 pallet capacity cold store in Boroughbridge, North Yorkshire and runs 160 refrigerated trucks, won the award for a combination of good service and the use of high-capacity double-deck reefer trailers.
John Jempson and Son saw profit more than double in 2015 boosted by the sale of its Palletforce shares.
The future of Hellmann Worldwide Logistics rests on the success of a major refinancing deal being negotiated by its German parent company, the 3PL’s auditor KPMG has warned.