Clipper Logistics has more than doubled its pre-tax profit in the first half of the financial year, as it felt the benefit of a multitude of contract wins. The Leeds-based operator saw its pre-tax profit rise 53% in the six months ended 31 October 2015 to £5.5m (2014: £3.6m); turnover grow 27% to £141.5m (2014: £111.6m). The company said its financial performance was particularly strong because additional revenue from the flurry of new contracts it signed over the course of […]
Yodel owners the Barclay brothers remain the richest people directly deriving at least a proportion of their wealth from interests in road transport. But there are some surprising new entries in the 2013 Sunday Times Rich List published yesterday.
Expansion into international distribution should add around £1m a year in turnover this year, Manchester-based operator AK Worthington (AKW) has predicted. Having started daily services to nine overseas countries with weekly services to eight more, contributed to a 5.9% rise in the year to 30 June 2012 in annual turnover to £10.66m (2011: £10.06m) AKW’s turnover in the year was also boosted by passing more business through haulage consortium Partnerlink, which it is a shareholder in. Although AKW’s profit before […]
Profits at S&S Distribution rose almost 86% last year, as the Kent-based family firm placed emphasis on offering an “excellent service” to its customer base.