Bourton-on-the-Water, Gloucestershire storage and distribution firm John Hackling (Transport) said a near 12% rise in turnover and profit before tax in the year to the end of September was “in line with expectations”. The firm, which is a member of both Palletline and The Hazchem Network, reported an 11.9% rise in turnover during the year to £13.1m (2013: £11.7m); while pre-tax profit rose 12.48% to £1.34m (2013: £1.19m), resulting in a profit margin of just over 10%. While the directors […]
The MT Top 100 largest operators in the UK run on an average margin of just 2.6%, and this comes after the industry became more profitable in 2012.
Transport sector could cost Treasury up to £1.2bn in Bounce Back Loan Scheme defaults, researchers warn
The transport industry could cost the Treasury £1.2bn in Covid-19 loan defaults, according to research by Business Rescue Expert.
Chilled food distributor NFT Distribution Holdings, which is part of the EV Cargo group, is looking for a buyer after reporting losses of over £30m.