Stephen Sanderson Transport revealed increased customer confidence and a tight rein on costs created a significant boost in turnover and profit last year. The Market Harborough haulier increased its turnover by 17.6% to £9.9m (2012:£8.4m) for the year ended 31 December 2013, while pre-tax profit increased to £497,000 (2012: £307,000). Ed Sanderson, commercial director, told Motortranport.co.uk that growth has come from across all the sectors the company operates across, with its building sector customers, in particular, experiencing a “phenomenal” boom, […]
Having achieved record volume last year 2013 is set to be another record breaker, with the UK’s nine pallet networks on course to handle the most pallets through their systems that they have ever done since the launch of the concept two decades ago.
Creditors of Palletline Logistics (Midlands) have voted in favour of the company voluntary arrangement (CVA) applied for by the haulier last month. MD Bob Russett (pictured) told Motortransport.co.uk he had mixed feelings after approval of the CVA this week (16 May): relief that it had passed ensuring a future for the business, but disappointment that the action had been necessary. “We are trading profitability and intend to keep doing so,” says Russett. The Birmingham haulier’s cashflow problems stemmed from errors […]