Ballyvesey Holdings saw a fourfold profits fall in 2019 in what the company described as a “difficult” year in an intensely competitive market. In its latest financial results to 30 September 2019, the privately owned logistics giant, which owns Montgomery Transport, Montracon Trailers and a number of truck and heavy plant dealerships, recorded a pre-tax profit of £1m for the period – down from £4.4m on the previous year – despite a 21.6% increase in turnover to £754m. In its […]
Burton’s Biscuit Company has entered into a five year partnership with DHL Supply Chain. DHL will be working with the biscuit manufacturer, who produces brands such as Jammie Dodgers, Maryland Cookies and Wagon Wheels, to support their international and domestic growth. Neil Grocock, chief supply chain officer at Burton’s Biscuit Company, said: “Investing in our core logistic capabilities is part of a broader, brand-focused strategy we’ve adopted which enables us to align our skills, resources and efforts towards more impactful […]
The extraordinary general meeting called for by a DX Group shareholder has been cancelled after the delivery company announced its intention to buy Menzies Distribution.
Profit margins continue to be held back by customers’ reluctance to increase rates, John G Russell (Transport) chief executive, logistics, Alan Poulton has warned.