The MD of Currie European has warned that customer rates must increase in 2014, to keep pace with the growing cost of running a haulage business. It comes as the Dumfries-based haulier saw a fall in pre-tax profit for the year ending 31 December 2012 to £336,667, from £657,562 in the previous financial year, despite a rise in turnover to £46.6m, from £46.3m in 2011. Stephen Turner, MD at Currie European, told Motortransport.co.uk: “We continue to trade satisfactorily so far […]
Food distribution specialist Fowler Welch more than doubled its operating profit in the first half of the current financial year, its interim report shows.
Eddie Stobart saw turnover and earnings grow in the first six months of its financial year, but the cost of refinancing, its stock market listing and the end of an Irish retail contract resulted in a pre-tax loss.
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.