KNP Logistics Group, formerly known as Knights of Old Group, slashed its losses by almost two-thirds last year, boosted by major wins in the contract distribution sector, the acquisition of the assets of Steve Porter Transport for just £1, and a restructuring of its finance team, including the addition of a new chief financial officer. The group – which includes hauliers Knights of Old, AE Parker, Nelson Distribution, NDL Holdings, Steve Porter Transport, and driver training firm Merlin Supply Chain […]
Over two thirds of logistics firms predict Brexit will harm their business, Logistics UK report reveals
Over two thirds of logistics firms are predicting that Brexit will have an adverse effect on their business whilst more than half are unhappy at the level of government support, a report from Logistics UK and accountancy firm CBW has revealed.
The Co-operative Group plans to close its Huntingdon, Cambridgeshire, distribution centre later this year in a bid to improve efficiency and make its transport activities more cost-effective.
Northern Ireland-based Woodside Logistics Group saw operating profit boosted by 20% to £2.8m last year, despite a “challenging environment”, its latest annual results have revealed.