Cambridgeshire transport and storage provider Knowles Transport managed to generate an 11.4% pre-tax profit margin in the year to the end of December 2013 despite a sharp drop in turnover, figures logged recently at Companies House have shown. Turnover for the year fell almost 18% from £33m to £27.1m; pre-tax profit fell over 25%, from £4.2m to £3.1m. In its financial statement for the year, the company described the results as “pleasing, given the current trading environment”. Business development director […]
Aberdeen transport and logistics provider ARR Craib has taken delivery of 15 new Iveco Stralis 6x2s and 45 SDC triaxle curtainsided and platform skeletal trailers in a long-term rental deal with Ryder.
Hermes has revealed record results at its UK division, with revenue up 22% in 2011. The parcels company says this reinforces its position as the country’s second-largest home-delivery business. Revenue stood at €303m during 2011, up from €248m in the previous year. Hermes says its UK arm handled more than 140 million parcels during the year, as demand for its home delivery services increased with online retail sales. Carole Woodhead, chief executive at Hermes UK, says: “Our UK business has […]