Turnover at the transport division of Hargreaves Services have risen in the past 12 months, however its profit fell marginally as its tanker division struggled. Hargreaves Logistics turnover increased by £5.4m from £77.3m to £82.7m for the 12 months ending 31 May. However operating profit fell slightly to £4m, from £4.1m a year ago. In a statement the firm said: “The bulk fleet exceeded our internal expectations having benefited from higher than normal coal shipments as power stations increased their […]
The quiet before the storm this week – Stobart’s results are out tomorrow. Will the boardroom shenanigans of the past few months have led the management to take their eyes off the ball? Come back to MT.co.uk tomorrow to find out!
Clugston Distribution has expanded its fleet to service a five-year contract with multinational liquid and dry bulk giant Interbulk, which it signed in the summer.
Widnes-based Sutton Group has acquired Imperial Tankers, the bulk chemical transport arm of Hargreaves, creating a single bulk tanker fleet of some 700 units with a combined turnover of approximately £114m from UK operations alone.