Tilbury, Essex-based haulage, freight forwarding and logistics firm Arcese UK said it is working to address its business performance after suffering a 90% fall in profit over the past two years. Turnover in the year ending 31 December 2014 fell 4% to £23.02m (2013: £24.07m), while pre-tax profit dropped 85% to just under £37,000 (2013: £258,000). This is the second year running that profit has been hit hard at the Italian-owned firm. Last year’s pre-tax profit was 30% down on […]
Almost three-quarters (72%) of transport and logistics bosses plan to overhaul how they manage the talent within their companies in response to the skills crisis. Sector analysis of PricewaterhouseCooper’s (PwC) 15th Annual Global CEO Survey reveals that attracting and keeping hold of talent is a significant concern for most bosses within road transport. Approaching half (45%) of the 98 transport bosses surveyed label the struggle to attract new workers as a “major threat” to the long term viability of their […]
Controlled temperature specialist Langdons saw a 13.7% increase in turnover as it felt the benefit of a £9m investment it its Redditch depot. For the year ending 31 December 2011 turnover at Langdons Industries was £67.5m (2010: £59.4m), while pre-tax profit rose to £2.7m from £2.1m in the previous 12 month period. Arran Osman, MD at Langdons, says that return on sales has “settled back to expected levels based on performance in 2009” as “profit in 2010 had been significantly […]
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.