Warehouses are best for investors
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COMPANIES OFFERING warehousing represent the best financial return for potential investors in the road haulage industry, according to a new report by Plimsoll.
A study of almost 7,000 companies across 11 road transport sectors shows the warehousing sector offers an average 6.8% return on investment, compared with an overall road haulage average of 5%. Most investors are looking fora 10% return.
The courier sector follows closely behindw warehousing — it offers an average 6.7% return, just ahead of industrial and business removals (6.25%).
At the other end of the scale, the sectors with the lowest potential for investors are bulk haulage (3.5%) and cold storage (3%).
Plimsoll senior analyst David Pattison concludes: "1 think what this project proves is that there can be no excuses, irrespective of the market.
There are some well managed companies out there that can really deliver.'