Owens (Road Services) saw pre-tax profit rise 14% last year as it invested heavily in its fleet and focused on maintaining a competitive edge. The operator’s financial statements for the year ended 30 June 2013 revealed that pre-tax profit jumped from £706,782 to £806,503. Turnover, however, remained broadly flat at £36.2m, despite winning some new contracts in the FMCG sector, including Amazon.com, and receiving steady business from the local steel industry. The Welsh operator is continuing to focus on reducing […]
Howard Tenens Storage & Distribution saw a 20% drop in pre-tax profit last year after it lost customers at two of its depots.
Yodel’s annual loss increased by nearly half, its latest financial accounts reveal, despite a change in senior management and the firm’s extensive remodelling of its network.
DX Group has issued a profit warning due to continuing challenges in the courier market and margin pressure within its freight business.