TNT Express said it does not expect to see the full benefit of its profit improvement strategy until 2018-19, as it admits it did not acheive the turnover and profitability it expected in 2014. It anticipates that adverse trading conditions in Western Europe will continue and believes that 2015 will be “a year of transition”, the operator said in its 2014 annual results statement this week. The express parcel carrier began implementing its ‘Outlook’ strategy, which it hopes will improve […]
Bridgend, South Wales-based John Raymond Transport saw an increase in both turnover and pre-tax profit last year.
Wincanton hasn’t had it all its own way of late. A resurgent Eddie Stobart wrestled a Cemex contract valued at £15m off it, and MT revealed earlier this month that Britvic had re-awarded its entire transport requirement to Eddie Stobart after the first year of a five-year deal with Wincanton.