A harsh economic climate, growing costs and rising customer resistance to rates increases all left Gloucestershire-based haulier CM Downton struggling to raise its profit level significantly, despite a 13.8% increase in turnover in the year to the end of June 2012. Group turnover excluding joint ventures rose from £78.3m to £89.1m during the year, while pre-tax profit rose just 3.6%, from £6.1m to £6.3m. The firm, which was named Haulier of the Year at the Motor Transport Awards 2012 for […]
Wincanton has sold off its UK commercial vehicle repair and maintenance company, Pullman Fleet Services (PFS) to asset management firm Aurelius as it focuses on its more profitable core markets.
Yodel made its seventh loss in a row in the year ended 30 June 2016, while its sister company Arrow XL saw its pre-tax profit leap by more than 500%.