Fowler Welch saw turnover climb 6% to £178.7m in the year to 31 March, although annual profit was pegged back due to operational inefficiency at certain depots. Topline growth was driven by two “significant contracts” that commenced mid-way through the financial year, as well as organic growth. In its results statement, parent company Dart Group said that while Fowler Welch had performed well in the year, varying chilled volume profiles at certain depots led to some operational inefficiency as customer […]
TNT UK is restructuring its operations and sales divisions in a management shake-up that will see up to 15 redundancies.
The MT Top 100 largest operators in the UK run on an average margin of just 2.6%, and this comes after the industry became more profitable in 2012.
Elddis Transport is focusing on efficiency with new trucks and trailers in a bid to mitigate the effect of the rising price of fuel.