TNT UK’s pre-tax loss ballooned to £22.1m last year ahead of its acquisition by FedEx Corporation in May 2016. New accounts published at Companies House show the business’s year-on-year loss increased 32.3% compared with a […]
Challenging market conditions in the UK and Europe combined with the loss of a major fashion contract saw pre-tax losses widen and turnover fall at TNT UK last year.
Two major business wins helped turnover at Norfolk haulier Jack Richards & Son increase by 13% last year.
S&S Distribution, the Kent-based haulier snapped up by Palletline last year, recorded a pre-tax loss shortly after its purchase, newly published accounts show.