Framptons Transport Services was in rude financial health when it was acquired by Gregory Distribution earlier this year, according to its most recent filing at Companies House. For the financial year ending 28 June turnover had risen from £16.9m to £17.8m, while pre-tax profit rose to approximately £1m, from £601,812. Average employee numbers also rose year-on-year to 251, from 236. The Somerset-based haulier was bought by Gregory Distribution on 9 April and has continued to trade under the Framptons brand […]
Pressure on rates has led to Felixstowe-based container specialist Macintyre Transport reporting a 9% fall in pre-tax profit despite a near 11% rise in turnover. Turnover in the year to 30 April 2012 rose from £19.3m to £21.4m due to organic growth, said chairman Harvey Macintyre; pre-tax profit, however, fell from £895,000 to £813,000. Much of the profit slide was attributable to stagnant rates, said Macintyre. “We have been very proactive in taking costs out of the business since 2008, […]
Owens (Road Services) said investment in its depot network and a focus on steel transportation, helped boost its turnover and profit in its most recent financial year.
Norbert Dentressangle’s acquisitions of Christian Salvesen in 2007 and TDG in 2011 made the French group’s UK logistics operation a £1bn a year business, representing almost a third of group turnover, and silencing critics who had questioned the company’s commitment to the UK. […]