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 […]
A property revaluation was responsible for scuppering the bottom line at Bradford-based Expect Distribution in the year to the end of November 2012. It was enough to turn the previous year’s profit before tax of £432,500 into a loss of more than £943,700, despite a 14% rise in turnover from £15.8m to £18.1m.
APC Overnight will deliver the Motor Transport Awards entries to Leicester, for two days of judging this week.