After a difficult period in 2016, when the future of Hellmann Worldwide Logistics’ UK operation faced an uncertain future, the business has since been restructured, refinanced and had a new management team installed. The results speak for themselves, and despite making a £1.5m pre-tax loss on UK turnover down 5% to £80m in 2020, this was a substantial reduction on previous years and the business was profitable in Q4 2020 and Q1 2021. Hellmann UK MD Markus Fellmann, pictured, tells […]
Palletways has suspended its operations to Europe until 25 January, but other pallet networks confirmed this week that their deliveries to the continent will continue.
The commercial vehicle finance sector reported a fall in new business of 32% in March, reflecting the measures taken by the government to deal with the coronavirus crisis.
A continued move from straight transport to logistics activities including warehousing, packing and freight forwarding helped Glasgow-based Gordon Leslie Group achieve a 20% rise in pre-tax profit in the year to 30 September 2012. Turnover in the year fell around 8% to £4.8m (2011: £5.2m), but profit before tax came in at just over £487,000 (2011: £405,000). MD Craig Leslie said the firm had made a “fairly conscious move” in the last two years to reduce its reliance on some […]