The MT Top 100 largest operators in the UK run on an average margin of just 2.6%, and this comes after the industry became more profitable in 2012.In 2011, average return on sales was just 0.86% as operators struggled in a weak economy, but 2012 saw a major rebound. This has corresponded with an increase in average turnover across the top operators as the industry finds itself in a stronger position. DHL continued its reign as the largest operator, with […]
TNT Express has said it hopes to see a “positive impact” from its profit improvement plan in the second half of 2013, after reporting a 26% drop in first quarter EMEA (Europe, Middle East and Africa) operating profit.
Aggressive cost control measures helped Palletline ride the initial storm of Covid-19 last year, with reported operating and pre-tax profits significantly up on 2019.
The loss of a major customer at the end of 2016, alongside increasing costs for drivers’ wages and fuel inflation, saw Foulger Transport head into the red in 2017.