Advanced Supply Chain suffered a 44% drop in pre-tax profit in the year ended 30 June 2014, according to newly published accounts at Companies House. The accounts show that Advanced Processing, which trades as Advanced Supply Chain, suffered a pre-tax profit fall to £730,698 (2013: £1.3m) after a major, undisclosed customer, was sold to new owners. In the strategic report that accompanied its Companies House filing, the firm said pre-tax profit was “ultimately lower than originally expected” after restructuring its […]
South Wales haulier John Raymond Transport suffered a drop in pre-tax profit of over 99.7% in the last financial year, accounts lodged at Companies House have shown.
A new report claims UK operators could make significant savings if they were allowed to add overlength vehicles to their fleets. A new study published last week suggested that allowing the use of ‘super’ semi-trailers could save the haulage industry £226m a year in reduced running costs. Such findings appear to strengthen the economic argument for the use of longer vehicles, but the study also puts forward a case for ‘super semis’ on safety and environmental grounds. The report, Impact […]
In April US 3PL XPO Logistics surprised the European logistics market with an unsolicited €3.24bn (£2.3bn) offer for French giant Norbert Dentressangle (ND).