Profit margins continue to be held back by customers’ reluctance to increase rates, John G Russell (Transport) chief executive, logistics, Alan Poulton has warned. “Margins still remain challenging; getting the right price for the job still remains challenging,” he told Motortransport.co.uk. “We believe the market still isn’t paying the right price for the quality they want for the job. “Although we have a good story to tell about customers staying loyal, the transport margin, in particular, is very difficult to […]
Bridgend-based John Raymond Transport has endured a tough period but parent company Nolan Transport believes the required changes have now been made to return the haulier to health.
Suckling Transport delivered an 8% rise in pre-tax profit in the year to 31 December 2015, according to its latest annual results.
Knowles Transport has returned to profit after securing two major deals, undertaking a management restructuring, and introducing tighter financial controls while resolving operational problems at its Wisbech DC.