Average turnover for the Motor Transport Top 100 rose by 4.3% year-on-year, and pre-tax profit rose 29.6% in the same period, as the largest third-party logistics businesses in the UK put the impact of the recession firmly behind them. Only 16 businesses in MT’s annual survey of turnover and profit performance saw turnover dip during their most recent financial years as growth outperformed inflation. However, 31 of the Top 100 saw year-on-year falls in profit, but that did not stop […]
Wincanton has told investors that it continues to trade in line with expectations, with solid levels of activity in its contract logistics business, as it financial year concluded.
Owens (Road Services) said investment in its depot network and a focus on steel transportation, helped boost its turnover and profit in its most recent financial year.