Yodel has made its sixth pre-tax loss in a row, two years after it failed to hit its self set target of turning its first profit. The carrier blamed unexpected parcel volumes over Black Friday weekend in 2014 for the loss in the year ended 30 June 2015, which it said drove “significant operational stress and cost over-runs”. Yodel said it saw a 14.5% increase in parcel volumes over the year. According to results filed at Companies House, the group made […]
Cambridgeshire transport and storage provider Knowles Transport managed to generate an 11.4% pre-tax profit margin in the year to the end of December 2013 despite a sharp drop in turnover, figures logged recently at Companies House have shown.
Expanding the range of services it offers to its customers saw NR Evans’ turnover and pre-tax profit soar in the last financial year.
Stobart Group says it has seen no significant improvement in its transport business’s fortunes, since it warned of tough trading conditions at the end of June. In a pre-close statement the company, which has just announced it will be increasing its hybrid truck fleet, says the UK recession is dampening growth within transport. While the majority of the Eddie Stobart transport business has progressed well, the restructuring of the chilled business alongside bad simmer weather has resulted in losses. Stobart, […]