Yodel has hinted that this financial year it will move into profitability for the first time since the business’s formation in 2010, off the back of increased volumes and new business wins. The parcel carrier indicated that it had made “significant progress” in its financial turnaround in the year ended 30 June 2014 and expects to post an operating profit for the 2014/15 financial year. It claimed it had improved its EBITDA (earnings before interest, tax, depreciation and amortisation) by […]
Average truck operating costs have risen by a massive 75% since September 2000 while reported haulage rates were only 23% higher in July 2013 than back then, new cost figures from the RHA have shown.
Despite turnover rising by almost half in 2017 Simon Gibson Transport saw its profit fall for the third consecutive year as the firm continued to invest “heavily” in its fleet.
Pall-Ex UK saw its pre-tax profit jump more than 200% in 2016 after results from its management restructure and growing membership began to take hold.