Packaged chemicals logistics specialist HW Coates Holdings has played down a near 20% rise in pre-tax profit last year, describing it as “satisfactory”. The Leicester-based firm saw turnover increase by 10% in the year to 31 December to £37.8m (2012: £34.3m); pre-tax profit rose from £8.1m to £9.7m – up 19.9%. The jump followed an a stellar performance in 2012, during which the firm raised its pre-tax profit by 34% on a 4% rise in turnover. As in the previous […]
TNT reduced its pre-tax loss and saw its global revenue rise in its final full financial year ahead of its €4.4bn (£3.2bn) purchase by FedEx.
A combination of improved productivity and reconfigured warehousing space helped Fowler Welch improve its profit margin in the six months ending 30 September. While parent Dart Group did not break down the profit performance of its transport and distribution arm, it did reveal that turnover for the period rose 8% year-on-year to £80.3m (2011 H1: £74.2m). MD Nick Hay said: “Our operating margins are better than for the first half year of 2011/12 due to further revenue growth, improved fleet […]
Ceva Logistics has won 10-year contracts with four major retailers with a combined value of $400m (£260.2m).