FreshLinc increased turnover by 3% last year, despite fuel surcharge revenues falling following the Spring 2020 collapse in oil prices. For the year ending 30 January 2021, the Spalding-based temperature-controlled operator reported a £111m turnover, up from £108m the year before. Pre-tax profit jumped by 51.5% to £2.3m (£1.5m). In a statement signed off by the board the company said the increase in revenue year-on-year resulted from additional new business wins and continued organic growth. Key factors driving the increase […]
Potter Logistics has won a storage contract with pet food supplier Wagg Foods.
Even if customs clearance is reinstated following Brexit, leaving the EU remains the best thing for the UK, according to Europa Worldwide Group MD Andrew Baxter.
Howard Tenens Logistics saw its profits hit as a result of losses made by its subsidiary, Howard Tenens (West London) after two major customers’ volumes dropped by up to 90%.