The boss of CM Downton has said customers need to be realistic about haulage rates as the economic recovery begins to lay bare capacity issues within road transport. “The days of cheap transport are over,” said CM Downton MD Andy Downton. Speaking to Motortransport.co.uk about the family-run firm’s latest financial results for the year ended 30 June 2013, Downton said the company had performed robustly in a challenging environment brought about by the recession forcing down rates. “Whilst we’ve renewed all […]
Dartford-based independent HGV rental company Truckfast Truckserve is being wound up after liquidators were appointed to the firm.
John G Russell (Transport) said it had benefitted from months of empty roads over the last year, which helped boost fleet productivity, fuel consumption and would result in strong financial results.
A “satisfactory” fourth quarter left French logistics giant Norbert Dentressangle with group turnover of €3.88bn (£3.32bn) during 2012 – up 8.5%. The group’s transport division accounted for just over €2bn of this (up 3.7%), despite reduced volumes from some customers; with its contract logistics work adding just under €1.8bn (up 12%), thanks mainly to a strong performance in the UK, Italy and the Netherlands. The firm’s burgeoning freight forwarding activities, meanwhile, generated revenues of €143m (up 67%). Although ND’s total […]