Dart Group has sold Fowler Welch to Culina Group for £98m. The sale of the Lincolnshire-based chilled and ambient food logistics company sees further consolidation in the sector. Fowler Welch, which offers supply-chain services to retailers, processors, growers and importers across the UK and Ireland, also has a 50% share in a joint venture fruit ripening and packing business, Integrated Service Solutions, located at its Teynham facility. The sale comes as Dart Group, which owns Jet2.com and Jet2 Holidays, continues […]
Royal Mail Group has turned a loss into a profit in its UK letters and parcels arm as it revealed details behind its strategy to develop into a more parcels-focused business ahead of its planned privatisation. The Group’s first half profit for the six months ending 23 September leapt to £99m, from a loss of £41m in the same period a year ago. This came mainly as a result of a 5.6% rise in parcel volumes which now accounts for […]
Customers’ willingness to shake up the status quo will stand Wincanton in good stead whatever challenges lie ahead, according to its boss.
Start up problems with a “restaurant chain” contract played a “significant” role in a 95% plunge in DHL Supply Chain’s profit last year.