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 […]
XPO Logistics has won a contract with Pearson Education to distribute courseware and assessment materials in the UK.
Strong growth in its logistics division helped offset declining revenues from transport at Norbert Dentressangle last year, leaving the firm’s turnover almost 4% up with a fractional increase in profitability.