Like hauliers, truck dealers are consolidating, getting bigger, and widening the range of services they offer. Dealers no longer just sell trucks; they are increasingly taking on the vehicle repair and maintenance as more operators close their fleet engineering departments and rely on dealers for their R&M and other technical support. Rygor Commercials is a good example of this trend. The UK’s largest Mercedes-Benz franchise following its takeover of Mudie-Bond last year, Rygor’s territory now covers much of central southern […]
Clipper Logistics Group saw turnover in all of its divisions soar in the year before its IPO as a result of e-commerce business win, as well as organic growth from existing contracts.
Aggressive cost control measures helped Palletline ride the initial storm of Covid-19 last year, with reported operating and pre-tax profits significantly up on 2019.
Arcese UK reported a £2.9m increase in turnover last year, but profit slid further into the red, with the firm making a £939,000 pre-tax loss “due to increasing business costs”.