The UK’s 100 largest operators are more profitable than they were last year and employ more people, according to the Motor Transport Top 100 2015, in association with SDC. Average turnover for the Top 100 is £283.7m, up year-on-year from £272.9m; average pre-tax profit is £11.2m, up year-on-year from £9.5m and the average number of employees is 3,316, up from 3,284. The MT Top 100 is worth £28.3bn to the UK economy, providing employment for an estimated 331,500 people, equivalent […]
A combination of improved productivity and reconfigured warehousing space helped Fowler Welch improve its profit margin in the six months ending 30 September. While parent Dart Group did not break down the profit performance of its transport and distribution arm, it did reveal that turnover for the period rose 8% year-on-year to £80.3m (2011 H1: £74.2m). MD Nick Hay said: “Our operating margins are better than for the first half year of 2011/12 due to further revenue growth, improved fleet […]
A harsh economic climate, growing costs and rising customer resistance to rates increases all left Gloucestershire-based haulier CM Downton struggling to raise its profit level significantly, despite a 13.8% increase in turnover in the year to the end of June 2012.
Costs associated with the opening of a new cold store last October at Boroughbridge, Yorkshire-based food logistics specialist Reed Boardall Group had a significant effect on the firm’s pre-tax profit for the year, it has emerged.