Roadways Container Logistics has returned to profit despite a fall in turnover and a warning that rates in the market remain depressed. For the year ended 31 December 2011, Roadways achieved a pre-tax profit of £319,000, compared with a pre-tax loss of £697,000 in the previous year. Turnover, however, fell to £43m, from £49.3m in 2010; gross margins also rose from 11% to 15%. At the same time it took a £296,000 hit on restructuring charges, investing in IT and […]
Christmas may be cancelled for some container operators enduring flat volumes instead of the usual autumn surge as retail customers remain cautious about stocking up for the gift-giving season. Roadways Container Logistics MD Nick Matthews is not expecting a reversal in the coming months. “Christ-mas in the container industry comes early in the year; typically September, October and November. September has not seen a significant increase on prior months and some of the largest shipping lines are not predicting much […]
Container haulier Pentalver Group has this week opened a new depot at DP World London Gateway.