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 […]
The Co-operative Food Group has once again reassured its HGV drivers that there are no plans to outsource the remainder of its operation, after the planned transfer of staff in the West Midlands to Eddie Stobart is complete.
Hoyer UK MD Mark Binns has said he is “confident” this year will be better than last after the firm reported widening losses for the 12 months to the end of December.
Adjusted EBITDA at Ceva Logistics doubled to $80m (£51.6m) during the second quarter of 2013 as it continues to restructure its balance sheet and experience more growth in the UK.