Pollock (Scotrans) saw turnover climb in its first financial results since its acquisition of fellow Palletways member Gilbraith (TS) last February. At the time of purchase, Pollock said it was expecting to see its turnover rise to more than £25m in the future. The company’s latest results, for the year ending 30 August 2014, show a turnover of £26.9m; a 24% increase on the previous year’s figure of £21.7m [albeit not a full year’s contribution from Gilbraith]. Pollock attributed the […]
UPS and TNT Express do not now expect their multi-billion euro merger, announced in March, to be completed until early 2013. The operators had originally hoped to seal a deal in the first half of the year, but involvement from the European Commission as regulator scuppered this timetable. Last month the European Commission temporarily suspended the takeover to allow regulators more time to gather information, a process that is ongoing. Despite this UPS and TNT had still expected to complete […]
Simon Gibson Transport saw its pre-tax profit fall by 38% in 2019, but it pointed to an impressive performance overall despite “ever increasing demands of the modern logistics environment”.
Bulk logistics service provider Van den Bosch has acquired Tankspeed Logistics in Newport, bolstering its work in the intermodal transport of dry bulk products.