Profit at TNT UK almost quadrupled in 2012, during a year that put parent company TNT Express under pressure while the proposed takeover by parcel giant UPS was being considered. Pre-tax profit soared to £13.8m for the year ended 31 December 2012, after a year that saw it slip to £3.4m in 2011. It said the rise was due to “cost saving initiatives and operational changes”, as well as restraining its spending. Turnover, however, remained broadly flat at £782m, down […]
Owens (Road Services) saw pre-tax profit rise 14% last year as it invested heavily in its fleet and focused on maintaining a competitive edge.
Cambridgeshire-based Knowles Transport slipped into the red after operational issues at its – at that point – newly opened Wisbech DC resulted in “significant costs”.
Simon Gibson Transport enjoyed what it described as an “excellent trading year” in 2015, shortly before it was sold to GCA Europe SA.