Pre-tax profit at Fowler Welch rose 12.8% last year, as a result of improved vehicle efficiency, new business wins and volume growth from existing customers. Parent company Dart Group revealed that pre-tax profit for Fowler Welch rose to £4.4m for the year ended 31 March 2013, up from £3.9m in 2011-12. It said this improvement was due to “organic volume growth and new business to offset any revenue losses”, while average miles per gallon increased slightly to 8.7, up from […]
Cambridgeshire-based Knowles Transport slipped into the red after operational issues at its – at that point – newly opened Wisbech DC resulted in “significant costs”.
Government road projects generating demand within the construction sector helped Bowring Transport perform strongly last year, according to its latest annual results.
The commercial vehicle finance sector reported a fall in new business of 32% in March, reflecting the measures taken by the government to deal with the coronavirus crisis.