Nightfreight: over the worst
Article Abstract:
Nightfreight is focusing on parcel delivery rather than the courier market, and this has boosted the company's interim profit for 1996. The company forecasts a rise in parcels delivered of 16% in 1996, and has been able to raise prices. The company covers the UK with 44 depots. Nightfreight is also involved in contract distribution and freight forwarding. These two divisions are smaller but have potential for improvement. The contract distribution market is tough but conditions may improve from 1996.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Parcel delivery set to earn a packet
Article Abstract:
Fastrack is completing its coverage for parcel delivery in the United Kingdom, and should benefit from a move toward home delivery which has been encouraged by the internet. The company has competitors, but the market is growing, so there should be enough work for an expanded home delivery service. The company could achieve a profit of 1.1 million pounds sterling for 2000, according to Wise Speke. Higher volumes should boost profits significantly due to the company's underused capacity.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Making the right moves
Article Abstract:
Nightfreight is a parcel delivery group which has undergone a recovery and has potential for additional expansion. The company is a specialist in bulky items with a weight of under 50 kg, and it has a market niche in the pacel delivery market. The company is investing in expansion in its central hub located in the Midlands region of England. The company could achieve a profit of 4.1 million pounds sterling for 1999, rising to 4.9 million pounds for 2000, according to Beeson Gregory.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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