Fergytrux, the Cramlington-based holding company of Fergusons Transport, increased turnover by 2.2% last year, thanks to performance improvements and Brexit stockpiling. Accounts for the year ending 30 September 2019 showed that the haulage and warehousing business also boosted its pre-tax profits to £205,000, from £89,000 the previous year. Turnover rose to £22.2m, up from £21.7m in 2018. Its haulage operations increased sales by 0.6% to £16.3m and warehousing increased by 4.2% to £4.3m. In a review of the business, the […]
AM Widdowson’s unsecured creditors have been left almost £13m out of pocket after the pre-pack sale of the haulier in July.
North Wales-based logistics company Delivery Solutions (Delsol) has reported a year of sustained growth.
Chilled food distribution specialist NFT has seen its turnover and pre-tax profit rise at the same time as signing a five-year refinancing package with HSBC. Turnover increased by 8% to £152.4m for the year-ending 31 March, from £140.9m a year ago. Pre-tax profit rose 60% from £1.4m to £2.2m. Its shared user transport network delivered an average of 39,000 pallets a week of food and general merchandise in the financial year, an increase of 40% year-on-year. A contract with an […]