Automotive specialist Brit European Transport improved its margins in 2012, despite a slight fall in turnover. The haulier – which acquired bulk liquids business Tankplus in November 2012 – saw pre-tax proft for the year-ending 31 December 2012 rise to £465,265 from £334,522 in the previous financial year.This represents an pre-tax profit margin increase from 1.37% to almost 2%. Turnover fell slightly from £24.3m to £23.9m. MD Graham Lackey said: “We have invested a great deal of time and money […]
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.
Acumen Automotive Logistics claims it can triple its turnover in three years after winning a three-year contract with Jaguar Land Rover (JLR).
Stobart Group reported an increase in turnover and profit in its transport and distribution unit in its final year as a fully-owned division of the business.