A move to a new base to secure the long term future of Northants haulier Route Logistics has been funded with help from a government-backed coronavirus lending scheme. The haulage firm turned to Reach Commercial Finance to help facilitate the relocation to Rothwell when the Covid crisis presented a number of challenges. The broker prepared an application for a coronavirus business interruption loan and from submission to funds received took less than six working days. Amanda Wells, Route Logistics MD, […]
Fowler Welch boosted revenue 6% to £152.4m for the year ended 31 March, with pre-tax profit up to £3.9m, from £2.6m the previous year. The FMCG specialist downsized its container division in the period, with the closure of its Felixstowe site. It now runs a smaller operation from its site in Alconbury, Cambridgshire that has seen an improvement in miles per truck. It has also reduced its number of tractor units. Performance was boosted at its 50,000 pallet ambient consolidation […]
Consolidated results for the Woodside Haulage group of companies show that the County Antrim operator saw pre-tax profit soar 42% last year.
Operators should not be distracted by the prospect of a busy Christmas and instead must prepare for a worst-case scenario of a Brexit and Covid-19 “double whammy”, according to Dawsongroup.