A shortage of suitable subcontractors contributed to a squeeze on margins at automotive logistics specialist Brit European Transport in its last financial year. Despite continued growth in sales in the year to the end of December 2014, the availability and cost of using subcontractors was “a major factor” in pressure on margins, a spokesman for the firm told Motortransport.co.uk. “There is a distinct shortage of good quality subcontractors who are able to meet our and our customers’ stringent quality and […]
Brexit has boosted profits for Xpediator in the first five months of this year, the group has announced, ahead of its AGM today (8 June).
CM Downton saw good levels of growth across the business in its last financial year, with both turnover and pre-tax profit up nearly 9%.