Nicholson Group owner David Nicholson says he has no regrets leaving the pallet distribution sector where he maintains margins are too low. The group’s exit came when its subsidiary Nicholson’s Transport went into liquidation in July last year, leaving debts of £1.7m, of which £354,749 was owed to The Pallet Network. Nicholson Group, which is based in Billingham, Cleveland, caused further controversy by launching Burnside Distribution from the same premises as Nicholson’s Transport, just days after the subsidiary went under. […]
The COVID-19 pandemic has left Kuehne + Nagel facing an “immense” challenge in the coming months, the company has warned.
Scania (Great Britain) has ended its hunt to replace MD Martin Hay, who announced his early retirement in February this year.
Maxi Haulage achieved a record turnover of £66.3m in 2018, but warned the impact of pre-Brexit stockpiling on its Irish operation will hit its current year’s trading.