Ferguson Transport said a fall in revenue from handling goods in its warehouse division last year was more than compensated by additional storage charges and increased demand for capacity. In its accounts for the year ending 30 September 2020, the Cramlington haulage and warehousing firm said that although trading was heavily impacted by Covid-19, the board regarded its profit after tax of £103,000 as “a very satisfactory result”. Turnover fell by 10.5% to £19.9m and pre-tax profits slid by 9.6% […]
More of the £500m being set aside for encouraging the take-up of ultra low emission vehicles should be allocated to freight vehicles, the FTA has suggested.
Wincanton hasn’t had it all its own way of late. A resurgent Eddie Stobart wrestled a Cemex contract valued at £15m off it, and MT revealed earlier this month that Britvic had re-awarded its entire transport requirement to Eddie Stobart after the first year of a five-year deal with Wincanton.
Abbey Logistics Group has moved to the next stage of its development, opening its first warehouse operation in Bromborough, Cheshire.