TNT UK saw its finances tumble into the red last year following the loss of a major contract, posting a £6.4m loss just a year after it quadrupled its pre-tax profit. In a year that saw it cut staff numbers and make managers in a number of departments redundant, TNT’s financial accounts for the year ended 31 December 2013 showed that it turned a £13.8m pre-tax profit into a £6.4m loss. The loss of a key contract with a major […]
Rhys Davies & Sons saw both turnover and pre-tax profit rise last year, through a mixture of cost control and volume growth.
Trading at Maxi Haulage was “very satisfactory” last year, as the Scottish firm continued to invest in its fleet and reduce costs.
Price increases and a rise in parcel volumes have contributed to Royal Mail Group’s continuing rise in annual profit and turnover, the firm said today.