Food logistics specialist Associated Cold Stores and Transport (ACS&T) took a pre-tax profit hit last year after a major customer terminated a contract with the company. Despite receiving a termination settlement payment of over £1m, the company’s pre-tax profits for the year fell to £1.8m (2018: £2.2m) with turnover falling to £25.5 (2018:£28.6m) in the same period. Reporting its latest annual results to 28 December 2019, the Maidstone-based company said the loss of the customer combined with a “change in […]
Culina-owned contract packing services provider IPS has established a joint venture with Eddie Stobart Logistics to run a dedicated packing facility at Stobart’s Bardon, Leicestershire site, where it stores and distributes products for Nestlé.
Welsh haulier Hicks Logistics is joining Pallet-Track and will take over the Welsh border postcodes around Chepstow and Avonmouth early this month.
The shortlist for the FTA everywoman in Transport and Logistics awards has been announced ahead of next month’s ceremony.