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During the first quarter
of this year RFT Express experienced a phenomenal growth compared
to the same period last year. Stripping out new contracts, to
give a like for like comparison, turnover during the first quarter
was quadrupled. The majority of this increase came from the Hanging
Garment Deliveries, in both the UK and EU with more companies
opening up more markets. To a lesser extend, the expansion in
the print industry appears to have come from diversification into
other product lines, as well as through modernisation. TV and
product advertising shoots also showed an increase. The engineering
and automotive deliveries showed a modest increase.
The ‘Bulk Parcel
Deliveries’ continued to grow, and the number of pallets
carried on the ‘M1
Shuttle’ runs also increasing.
These increases are the result of companies, restructuring and
planning during the recession.
With the economy shrinking, and inflation increasing along with
unemployment figures rising, I originally forecast that we would
be bumping along just above recession for some months yet, with
the increase RFT are seeing, I could be wrong! The coalition doesn’t
appear to have helped with the deliberate rise in VAT, cutbacks
on benefits, tax increases, fuel prices soaring, food and utilities
rising, and a general squeezing of living standards.
On the bright side, what we have noticed is that there are more
‘Sold’ signs going up on houses, does this mean an
increased interest in the housing market during the next few months,
or is it just because people are down-sizing ?
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