Maritime Transport has reported an 11th consecutive year of revenue growth. For the year to 27 December 2012, the container operator’s turnover rose 8% to £130.7m from £121.3m in 2011. Pre-tax profit increased 18% to £2.5m from £2.1m the previous year. The directors’ report described trading conditions as “difficult” during the year, with “lower volumes, over capacity of transport in the market place and increasing costs to provide the same services”. However, the company said cost increases were offset by […]
Stobart Group saw turnover in its core transport and distribution division climb in the first half of its financial year despite “considerable demand volatility”, although profit was flat.
Pentalver has warned there could be casualties in the container haulage market in the second half of the year as the sector struggles with low volumes. The warning comes as the firm reported turnover and pre-tax profit growth in 2011: Pentalver Transport saw turnover grow to £57.4m in the year, from £55m a year ago, while pre-tax profit rose to £2m, from £1.5m. At sister business Pentalver Cannock, turnover rose to £24.8m, compared to £22.9m in 2010, but pre-tax profit […]
Elddis Transport is focusing on efficiency with new trucks and trailers in a bid to mitigate the effect of the rising price of fuel.