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 […]
Yodel has made its largest ever loss in the year to 30 June 2018, newly published accounts reveal.
Long-delayed industry guidance on pallet weights for tail lift deliveries could finally be published early next year, motortransport.co.uk has learnt.
TNT Express said it does not expect to see the full benefit of its profit improvement strategy until 2018-19, as it admits it did not acheive the turnover and profitability it expected in 2014.