Associated Cold Stores & Transport (ACS&T) said it ended last year in a strong financial position after Covid-19 resulted in a 17% reduction in turnover and knocked almost two-thirds off its pre-tax profit. The Grimsby temperature controlled storage and distribution company said market conditions had been “challenging” in 2020, particularly after schools closed and the hospitality sector shut down. Warehouse utilisation increased by 10%, but it said average pallet throughput fell by 23% and total loads transported decreased by 22% […]
Nicholson Group owner David Nicholson says he has no regrets leaving the pallet distribution sector where he maintains margins are too low.
Allport Cargo Services is to relocate its less-than-container load (LCL) deconsolidation service to the port of Felixstowe after signing a three-year contract with PD Portcentric Logistics.
MV Commercial has secured a deal for 100 new specialist cranes as part of a multi-million-pound deal with Hiab UK and Ireland.