Container haulier Pentalver was “assisted greatly by an upsurge in market conditions” in 2014 after it saw a 7.3% rise in turnover year-on-year. For the year-ending 31 December 2014 Pentalver Transport posted a rise in turnover from £57.2m to £62.7m, while pre-tax profit also rose to £4.3m, from £2.9m in the previous financial year. Sister company Pentalver (Cannock) also saw turnover rise to £28.9m (2013: £26.3m) but pre-tax profit fall from £1.4m to £722,000. Combined turnover for the two businesses […]
More than one-third of transport and haulage businesses in the UK are at risk of collapse, according to insolvency trade body R3.
Trailer manufacturer Montracon has revealed that it has become the sole distributor of trailer-mounted container lift Swinglift in the UK.
Renewed economic confidence and a focus on efficiencies saw an increase in the amount of mergers and acquisitions in 2014 as operators looked to strengthen, diversify and consolidate. Motortransport.co.uk takes a look back at a surprisingly strong year of M&A activity. In February, Pollock (Scotrans) acquired Blackburn-based haulier Gilbraith (TS) for an undisclosed seven figure sum, giving the Scottish operator extended reach into north-west England. April saw Essex-based freight forwarder and haulier Simarco purchase Longport-Staffordshire based IFB for an undisclosed […]