Small businesses in transport and distribution are looking forward to “a new era of planning for sales growth” according to latest research, which claimed Brexit uncertainty had now been cast aside. Figures from Hitachi Capital Business Finance (HCBF) showed growth prospects for small firms in the sector had increased for the fourth successive quarter. Growth outlook had jumped to 34%, from 29% at the end of last year and those predicting contraction had fallen from 29% in the third quarter […]
Turnover at Boughey Distribution fell during the first half of its current financial year, after the loss of a customer was not offset with enough new business. In a statement issued today by parent company NWF Group covering the six months ended 30 November 2012, it was revealed that turnover at Boughey Distribution fell 17.5% to £18.9m (2011/12: £22.9m). Boughey Distribution was hit particularly hard by the loss of a contract with AB World Foods in the period, which caused […]
Witney, Oxfordshire-based Chris Hayter Transport saw profits drop by 22% last year, which it said was expected in the current economic conditions.
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 […]