Gregory profits hit by soaring truck costs, wage pressures and operational challenges

Rising costs for fleet replacement, higher employment taxes and operational challenges contributed to Gregory Trading Holdings posting a drop in annual profits despite higher turnover, writes Carol Millett. The Devon-based logistics group includes Gregory Distribution, ARR Craib, John Mitchell (Grangemouth) and Pollock (Scotrans). It saw pre-tax profit fall by a third to £6m in the […] The post Gregory profits hit by soaring truck costs, wage pressures and operational challenges appeared first on Transport News. This development represents an important milestone for the European freight and supply chain ecosystem, emphasizing the critical role of modern navigation and routing technology in current corridors.