Two major business wins helped turnover at Norfolk haulier Jack Richards & Son increase by 13% last year. MD Peter Brown told Motortransport.co.uk that an increase in business and an improved economic outlook helped turnover at the company rise from £29.7m to £33.8m in the year to 31 May 2014. Documents filed at Companies House also revealed an 18% increase in pre-tax profit to £814,620 (2012/13: £687,377). Its margin, however, remained flat at 2.4%. “We had two big contract wins […]
TNT UK’s pre-tax loss ballooned to £22.1m last year ahead of its acquisition by FedEx Corporation in May 2016.
Palletways has won a £2m, 12-month rolling contract with Better Bathrooms.com that will see the network move some 70,000 pallets a year. Bathroom furniture, accessories and suites will be transported from Palletways hubs in Fradley, Staffs; Greenford, London and Livingston, West Lothian. Two new jobs will also be created at the network as a result. Rob Gittins, UK sales director at Palletways Owned Operations, says: “Over the years, we have built a very sophisticated pallet delivery network and an extensive […]
NFT Distribution recorded a pre-tax loss in the 12 months to 2 April 2016 after exceptional costs of £7.1m, although the operator said it was now well placed to prosper.