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 […]
TNT Express has unveiled a strategy to improve its performance and financial results as both group turnover and operating profit continue to decline.
Jack Richards & Son experienced a strong financial year during 2015, posting a 5.1% boost in turnover and a 16.7% rise in pre-tax profit.
Bulk haulage firm Fred Sherwood & Sons saw its pre-tax profit tumble by three quarters to £644,000 last year as the firm battled declining asset resale values, rising fuel prices and pay rate pressures.