Maritime Transport posted its 13th consecutive year of turnover growth, before it incorporated contributions from Roadways Container Logistics (RCL) into its business. The Felixstowe-based container giant acquired Aegeus Transport – the holding company for RCL – for an undisclosed sum in August 2014 and was fully integrated at the end of the year However, for the year-ending 27 December 2014 turnover rose to £162.8m, compared to £133.6m in the previous year. Pre-tax profit also rose to £3m, compared to £2.8m […]
The fallout from the bankruptcy of Hanjin Shipping is likely to be far reaching with hauliers operating out of Felixstowe potentially facing writing off large debts.
Maritime Transport has created two new director positions to handle distribution and container transport at the firm. Simon Smart and David Boomer, both previously operations directors at the firm, have become MD, container transport and MD, containers respectively. Maritime says the appointments were required to strengthen senior management at the firm and provide focus on two of its key areas of business. John Williams, group MD, says: “These promotions have been made to create the next generation of Managing Directors […]
Profit at Fred Sherwood and Sons (Transport) saw a resurgence in the year to 31 March 2015, climbing almost 70%.