Profits plunge at Associated Cold Stores despite rise in revenues


Associated Cold Stores & Transport (ACS&T) saw revenues grow last year, but the driver shortage and its subsequent reliance on agency labour significantly hit its profits. The temperature controlled storage and distribution firm reported a 4% increase in turnover for the year ending 1 January 2022, to almost £22m. However, pre-tax profit plummeted to £31,000, […]