Jack Richards & Son increased turnover by 17% last year after benefitting from “a benign market”, according to its MD. However, pre-tax profit at the Norfolk haulier fell from £1.2m to £988,000 in the year ending 31 May 2018. It blamed this on an increase in administrative expenses. The Fakenham-based company boosted turnover to £53.7m, an increase of £7.8m on the previous year. In a statement within the latest financial results, MD Peter Brown said: “Net cash generated from operating activities […]
The United Pallet Network has revealed the identity of the first of its European service partners as Brownhills, West Mids-based Twente Express.
Keyne Express Deliveries and KED Logistics have been purchased by Beaches Logistics after both companies entered administration.
Palletline Logistics (Midlands) has lost its battle for survival and ceased to trade.