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 […]
Family-owned transport firm Moody Logistics of Cramlington in Northumberland has launched a profit share scheme for its 30 workers to reward employees as the company grows.
Goldstar Transport said the 17% increase in its pre-tax profits last year was down to winning additional business from its existing client base.
Cambridgeshire-based ambient food logistics specialist Bretts Transport has said it anticipates “a good profitable year” after reporting a 9.5% increase in turnover for the 12 months to the end of March.