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 […]
South Wales haulier John Raymond Transport suffered a drop in pre-tax profit of over 99.7% in the last financial year, accounts lodged at Companies House have shown.
Norbert Dentressangle’s (ND) UK business saw a 10% increase in its turnover last year, while group turnover jumped 15%.
A “satisfactory” fourth quarter left French logistics giant Norbert Dentressangle with group turnover of €3.88bn (£3.32bn) during 2012 – up 8.5%. The group’s transport division accounted for just over €2bn of this (up 3.7%), despite reduced volumes from some customers; with its contract logistics work adding just under €1.8bn (up 12%), thanks mainly to a strong performance in the UK, Italy and the Netherlands. The firm’s burgeoning freight forwarding activities, meanwhile, generated revenues of €143m (up 67%). Although ND’s total […]