Tilbury, Essex-based haulage, freight forwarding and logistics firm Arcese UK said it is working to address its business performance after suffering a 90% fall in profit over the past two years. Turnover in the year ending 31 December 2014 fell 4% to £23.02m (2013: £24.07m), while pre-tax profit dropped 85% to just under £37,000 (2013: £258,000). This is the second year running that profit has been hit hard at the Italian-owned firm. Last year’s pre-tax profit was 30% down on […]
GeoPost UK, comprising of DPD and Interlink, showed robust financial health in 2013 with significant increases in turnover and pre-tax profit.
7) Richard Burnett Title: Chief executive RHA For the general public, Richard Burnett is the face of the road transport industry. When he became chief executive of the RHA in summer 2014 Burnett would hardly have believed he would have to be a man for a crisis. But life isn’t always that straightforward.
TNT Express has admitted that it is unlikely to hit its profit improvement target for 2015, following an increase in competitive pressures and poor trading conditions in Europe.