Abbey Logistics Group made a pre-tax loss of £3.6m for the year ended June 2018, after taking short-term pain for long-term gain as part of its self-set target to achieve an annual turnover of £100m by 2022. Turnover from continuing activities – stripping out its discontinued general haulage and Pallet-Track work – was up 28% to £61.7m (2017: £48.4m) in the period. The company attributed this to several new contract wins and the acquisition of Armet Logistics in 2017. Abbey […]
Pallet networks achieved record volume last year , with almost 16 million pallets processed though the UK’s collection of central hubs.
Roanza, the Mercedes truck dealer that entered into administration last month, had been racking up losses for several years, according to insolvency practitioners.