UK Mail chief executive Guy Buswell has said the company will be investing in its depot network and automated sortation equipment after delivering an18% uplift in pre-tax profit. The firm’s latest figures, published today, revealed that group turnover was up 10% on the previous year, while pre-tax profit was up at £17.8m for the year ended 31 March 2013 (2011/12: £15.1m). Parcel volumes grew by 21% in the second half of the year, taking the total annual growth to 17% […]
Unite has criticised Royal Mail for refusing to up a proposed pay increase, despite reporting a £608m profit in its latest results.
A shortage of suitable subcontractors contributed to a squeeze on margins at automotive logistics specialist Brit European Transport in its last financial year.
Government road projects generating demand within the construction sector helped Bowring Transport perform strongly last year, according to its latest annual results.