A reliance on agency staff and hire vehicles at CS Ellis to meet an increase in work dented the operator’s annual profit, newly published accounts show. The Rutland operator’s core transport operation, which contributes the lion’s share of the group’s revenue, saw a surge in activity with turnover up 19% to £11m for the year ending 30 June 2015. The company said it serviced this quick rise in business with agency staff and extra vehicles, which had a knock-on effect […]
Advanced Supply Chain suffered a 44% drop in pre-tax profit in the year ended 30 June 2014, according to newly published accounts at Companies House.
Hermes has revealed record results at its UK division, with revenue up 22% in 2011. The parcels company says this reinforces its position as the country’s second-largest home-delivery business. Revenue stood at €303m during 2011, up from €248m in the previous year. Hermes says its UK arm handled more than 140 million parcels during the year, as demand for its home delivery services increased with online retail sales. Carole Woodhead, chief executive at Hermes UK, says: “Our UK business has […]
Whether they have been forced to consider second-hand space because of a lack of new buildings or prefer it for cost reasons, occupiers have become used to a wide choice of warehouses. Now, however, they are facing a reduced supply.