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 […]
A prediction last year by Maxi Haulage that pre-Brexit stockpiling would hit its bottom line has proven correct after its latest financial results showed a reduction in the Irvine headquartered company’s turnover and profits.
“We’ve had to right-size the business” – Simon Hobbs on a challenging first 10 months as Kinaxia chief executive
When Simon Hobbs says his induction as new Kinaxia boss wasn’t what he expected it sounds like the understatement of the year. Within weeks of taking the reins back in late January, the Covid crisis saw volumes across the group slump by 35% and cash quickly begin to drain.
Distribution specialist Archbold Logistics said it had largely mitigated the effects of Covid-19, due to the varying nature of the products it transports for its customers.