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 […]
The collapse of Deben Transport highlights the urgent need to address the poor rates plaguing the container haulage market, the boss of Pentalver has said.
Elite Transport Services has filed a proposal for a company voluntary arrangement (CVA) with Manchester County Court, ahead of a creditors meeting on Friday (8 February).
Guidance for operators affected by container weight changes starting today (1 July) has been published, as the sector comes to terms with one of its biggest challenges in recent times.