Prestons of Potto was back in the black in 2013, according to its recently published accounts. The MT Top 100 company, which is registered at Companies House as Richard Preston & Sons, recorded a pre-tax profit of £9,873 for the year to 31 December 2013. In 2012 the company made a loss of £237,965. Turnover at the Northallerton, North Yorkshire-based haulier slipped 3.3% to £18.9m compared with £19.5m a year earlier. In a statement Prestons said: “We are delighted that […]
The Nightfreight name will disappear from UK roads as its parent company, DX Group, revealed its fleet will be re-liveried as it strengthens the acquisition it made last year.
Ceva Logistics, which recently saw its long-running relationship with Crown Paints extended, has seen group profit fall after its contract logistics businesses was affected by Europe’s economic malaise. While revenue in the first half of the year was up 5.5% at €3.5bn (2011: €3.4bn), EBITDA slipped 10.5% to €136m (2011: €152) as a consequence, despite growth in the group’s ocean freight business. John Pattullo, chief executive of Ceva, says: “Transpacific volume and weakness in Southern Europe remain a concern. As […]
DX Group has issued a profit warning due to continuing challenges in the courier market and margin pressure within its freight business.