Turnover and pre-tax profit at Royal Mail Group continued to climb last year, despite increased competition in the parcels sector and declining letter volumes. The newly-privatised operator saw year-on-year turnover increase by 2% in the 12 months to 30 March 2014. Turnover derived from its parcels business increased by 7% to £3.1bn (2013: £2.9bn), despite what CEO Moya Greene described as more intense competition in the sector. However, Royal Mail expects parcel volume growth to slow this year, stating that […]
Profit at Fred Sherwood and Sons (Transport) saw a resurgence in the year to 31 March 2015, climbing almost 70%.
Irvine, North Ayrshire-based Maxi Haulage has seen an increase in both turnover and pre-tax profit as business continues to grow.
Widnes-based Suttons Tankers is on the look-out for further acquisitions as it gears up its growth plans, according to MD Michael Cundy.