MT Top 100 company Goldstar Transport has said that 2014 will see it focus on improving gross margins after turnover and pre-tax profit fell last year. In its directors’ report for the 12 months ending 31 July 2013 Felixstowe-based container haulier saw turnover fall to £69.2m, from £71m in the previous 12 month period. Pre-tax profit was down to £1.54m, from £2.2m in financial year 2012. The report states that “due to the tough trading climate, turnover for the year […]
A shortage of suitable subcontractors contributed to a squeeze on margins at automotive logistics specialist Brit European Transport in its last financial year.
Hoyer UK MD Mark Binns has said he is “confident” this year will be better than last after the firm reported widening losses for the 12 months to the end of December.
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.