Average turnover for the Motor Transport Top 100 rose by 4.3% year-on-year, and pre-tax profit rose 29.6% in the same period, as the largest third-party logistics businesses in the UK put the impact of the recession firmly behind them. Only 16 businesses in MT’s annual survey of turnover and profit performance saw turnover dip during their most recent financial years as growth outperformed inflation. However, 31 of the Top 100 saw year-on-year falls in profit, but that did not stop […]
Skelmersdale-based FMCG haulier Kammac is back in the black after it sold its kegs and cask manufacturing division.
Packaged chemicals logistics specialist HW Coates Holdings has played down a near 20% rise in pre-tax profit last year, describing it as “satisfactory”.
Strong growth in its logistics division helped offset declining revenues from transport at Norbert Dentressangle last year, leaving the firm’s turnover almost 4% up with a fractional increase in profitability.