Pressure on rates has led to Felixstowe-based container specialist Macintyre Transport reporting a 9% fall in pre-tax profit despite a near 11% rise in turnover. Turnover in the year to 30 April 2012 rose from £19.3m to £21.4m due to organic growth, said chairman Harvey Macintyre; pre-tax profit, however, fell from £895,000 to £813,000. Much of the profit slide was attributable to stagnant rates, said Macintyre. “We have been very proactive in taking costs out of the business since 2008, […]
Haulage rates continued to stagnate during the first half of the year, new data from the Office for National Statistics (ONS) have suggested.
Brian Yeardley Continental said a willingness to reinvent itself and innovate had helped boost turnover by 17% during 2012. Summary accounts for the year ending 31 December 2012 showed sales increased to £10.2m during the period, compared with £8.7m in 2011. However, managing director Kevin Hopper said he expected a tough 2013 and that the Featherstone based company was investigating further cost savings within the business as a result. Hopper said it identified a need from some of its biggest […]