The fallout from the bankruptcy of Hanjin Shipping is likely to be far reaching with hauliers operating out of Felixstowe potentially facing writing off large debts. The South Korean shipping line, the world’s seventh-largest container shipper, filed for bankruptcy protection on 31 August, immediately raising concerns regarding liabilities for customer cargoes being shipped on Hanjin vessels. One UK container haulier told Motortransport.co.uk it had seen a letter from the company dated 30 August explaining that creditors were not extending further financial […]
Container haulier Macintyre Transport has reported a 26% rise in profits on the back of extending the working life of some of its vehicles.
Felixstowe container haulier James Kemball saw its pre-tax profit decrease by more than half in the year ending 31 March 2014.
Felixstowe-based haulier James Kemball’s investment in additional fleet appears to have paid off with a 9% rise in turnover and 32% jump in pre-tax profit.