Risk, Uncertainty, and Profit is a groundbreaking work of economic theory, distinguishing between risk, which is by nature measurable and quantifiable, and uncertainty, which can be neither be measured nor quantified. We begin with an analysis of the functions of profit, risk and uncertainty in the economy. Frank H. Knight introduces his work with a discussion on profit and how there are conflicts about its nature between various economic theorists. As the title implies, the author's chief concern is the interplay between making a profit, incurring risk, and determining if there is uncertainty. Risks are different from uncertainty in that they can be measured and protected against. For example a location chosen for a factory or farm may have a measured risk of flooding in a given year. Businesses, insurers and investors alike can be made aware of this, and behave according to the quantified risk.

This report examines the top 25 providers of temperature-controlled logistics services in the United Kingdom and Ireland. Temperature controlled logistics is a highly specialised sector that includes transport, distribution and storage of fresh and manufactured food, pharmaceutical products and other temperature-sensitive other goods. The report ranks the top 25 logistics providers and also includes assessments by the chief executives of the major players of the challenges they expect the industry to face in 2014. The tables show financial performance by turnover for the past three years, the fleet size by vehicle number and type, as well as the storage capacity of each company. The data, collated by Global Cold Chain News, has been gathered by telephone, e-mail communications, and from published official sources. The report is prepared by Global Cold Chain News website and its print edition, Cold Chain News, the UK's leading business-to-business magazine read by owners, directors and senior managers working for companies operating commercial vehicle fleets used for temperature-controlled transport.