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 […]
Freight operator DFDS Seaways saw freight volumes increase in September after plunging 22% at the peak of the Covid-19 lockdown, according to its latest annual report.
DX Group said it has successfully raised approximately £200.5m through selling shares on AIM this morning, following a 3% increase in turnover for the first six months of its current financial year.
Costs associated with the opening of a new cold store last October at Boroughbridge, Yorkshire-based food logistics specialist Reed Boardall Group had a significant effect on the firm’s pre-tax profit for the year, it has emerged.