Container haulier Macintyre Transport has reported a 26% rise in profits on the back of extending the working life of some of its vehicles. In the year to 30 April 2013, the Felixstowe based firm’s turnover rose 2.3% from £21.42m to £21.92m, with pre-tax profit rising from £813,000 to just over £1m. Chairman Harvey Macintyre said the dramatic rise in profit – which compares to a 9% fall the previous year – was largely down to an increasing amount […]
Average truck operating costs have risen by a massive 75% since September 2000 while reported haulage rates were only 23% higher in July 2013 than back then, new cost figures from the RHA have shown.
Glasgow haulier John G Russell (Transport) has warned the distribution sector of a “difficult” 12 months ahead as costs keep rising while rates and profit margins continue to stagnate. Alan Poulton, chief executive, logistics at the group, told MT the firm was finding it increasingly difficult to squeeze further efficiencies out of its operation and said that, in terms of rates: “We are not getting, and have not got for some time now, an increase that reflects the quality and […]
The acquisition of House of James by Potter Logistics last year has helped contribute to a 52% growth in turnover for the York-based firm.