Goldstar Transport said the 17% increase in its pre-tax profits last year was down to winning additional business from its existing client base. The Felixstowe container haulier turned in a profit of £1.8m in the year ending 31 July 2014, with turnover increasing by almost 9% to £75.2m. Goldstar said the increase in turnover reflected the company boosting its average fleet size for the year, from 290 to 324 vehicles. Director Matthew Ashworth said it chose to purchase most of […]
The price of fuel has little effect on the profitability of logistics companies and isn’t the primary cause of failures in the industry, the Motor Transport Directors’ Club was told last month.
Wincanton saw annual turnover fall in the year ended 31 March 2019 but profit increase, thanks to a strong performance in retail that offset contract losses elsewhere.
A revival in activity within the construction sector helped ET Holdings more than treble profit before tax in the year to the end of March 2014, from £192,000 to just under £760,000.