Manchester-based AKW Group returned to profitability in 2013, as both its transport and warehousing businesses enjoyed bumper trading. For the financial year ending 30 June 2013 AKW Group turned a pre-tax loss of £667,560 in 2012 into a pre-tax profit of £112,799. Turnover rose by 8.5% to £17.8m, from £16.4m in the previous financial year. Making a major contribution was it warehousing subsidiary World Freight Centre, which also saw turnover rise by 17% to £6.8 (2012: £5.8m) and turned a […]
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, […]
Profit fell at Kuehne + Nagel’s road and rail logistics division in the first half of 2013, compared to the same period in 2012, although it predicted a stronger second half-year performance.
Career Academies UK has been awarded a £50,000 pot of funding to help launch five new UK logistics academies.