Hargreaves Services has said that its transport division saw a 7.6% rise in turnover in the year-ending 31 May, as it benefited from strong dry bulk volumes. Turnover at Hargreaves Transport increased from £82.7m to £89m, it said in preliminary results, with dry bulk contributing £59.3m to that total. Operating profit in the division also increased, from £4m to £4.5m, of which dry bulk contributed £2.2m and tankers contributed £2.3m. Since Hargreaves closed its financial year it has sold Imperial […]
Widnes-based tanker specialist Suttons was founded by Alf Sutton in 1926 and remains family-owned. The founder’s grandson John Sutton was appointed CEO of Suttons Group in 2013 and the Sutton family still form the majority of the Suttons Group board. Suttons Group has two operating divisions: Road Tankers, headed by MD Michael Cundy; and Suttons International, where Barry McNally is MD. Road Tankers turns over around £70m a year, with the business split roughly 55% chemicals, 35% gases and 10% […]
Hargreaves Services’ logistics division has felt the impact of Brexit, after a UK port delayed a £7m earthworks project in light of the EU referendum result.