Contract changes and one-off project costs contributed to Gist’s annual profit plunging by more than half last year, according to the firm’s latest results. Whilst the food, networking and contracts logistics business saw turnover rise 4.8% to £437.3m (2016: £416.6m) in the year to 31 December 2017; its pre-tax profit fell 50% to £8.8m (2016: […]
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Ambitious Bradford-based operator Advanced Supply Chain has launched a consultancy service offering logistics advice to SMEs. The operator, which has predicted a turnover of £100m within five years, is targeting the new Consultancy Plus service at smaller businesses. The first company to benefit from the new service, Lancashire-based soft furnishings supplier J Rosenthal & Son, […]
City Link cut its first quarter losses by more than a third but remained loss-making ahead of its sale to turnaround investor Better Capital.
Expansion into international distribution should add around £1m a year in turnover this year, Manchester-based operator AK Worthington (AKW) has predicted. Having started daily services to nine overseas countries with weekly services to eight more, contributed to a 5.9% rise in the year to 30 June 2012 in annual turnover to £10.66m (2011: £10.06m) AKW’s […]