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 […]
The basket of MT shares has only drifted northwards by 7p in the past seven days. But growth at the rate of a penny a day is a fair old shift for a traditionally quiet time of year in the road transport industry, indicating that there is a lot of sentiment backing the success of Britain’s transport firms.
Although Clugston can trace its roots back almost 120 years to 1895, when the grandfather of current chairman John Clugston set up a builders merchants in Scunthorpe, it celebrated its official 75th anniversary since incorporation last year.
“We’re an all time high, we’ll change all that’s gone before, doin’ so much more….” This week the basket of shares in the MT Tracker hit it’s highest point since its inception. The basket now stands at 1,954.5p. Shares in Stobart Group are back in to triple figures for the first time since January; shares in Wincanton are at their highest level for the whole calendar year and shares in NWF Group and UK Mail are pretty much at the […]