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 […]
Transport and logistics operations at The Russell Group have not been affected by recent financial problems at group company Icetech Freezers, the firm has stated.
Brian Yeardley Continental is proposing to issue a company voluntary arrangement after its events transport division, TRUCKINGBY Brian Yeardley, suffered the “devastating” loss of £12m due to the Covid-19 pandemic.
Expect Distribution has blamed a fall in profit on its loss-making two-man delivery service, which ceased operating in May last year, but said that new deals in its contract logistics business will get it back on track.