Nagel Langdons is predicting a 10% permanent trading loss this year as it continues to feel the reverberations from the UK’s departure from the European Union and the Covid-19 pandemic. Revealing its results for the year to 31 December 2020 the company said turnover had fallen to £7.8m (2019: £8.2m), whilst pre-tax profit plunged to £146m, from £160m in the previous year. The company employs over 1,530 staff and specializes in food and drink logistics and temperature controlled warehousing from […]
Potter Group Logistics has credited stringent cost control, which hasn’t come at the expense of good customer service, for a 27% jump in annual pre-tax profit. Matthew Lamb, MD of Potter Group Logistics, said: “As always our focus is on delivering first class customer service. “We have achieved this while applying rigours controls on overheads across all areas of the business.” As a result, pre-tax profit in the year ended April 2012 was £1.04m (2011: £817,000), with turnover 2.8% ahead […]
Haulage and logistics can forget a return to pre-pandemic sales unless it embraces the “low touch economy”, with investment in autonomous vehicles, localised supply chains and contactless delivery processes, according to a new report.
RHA chief executive Richard Burnett has paid tribute to the “positive response” from transport secretary Grant Schapps MP (pictured) to a set of measures requested to support the haulage industry through the coronavirus epidemic.