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 […]
NFT Distribution recorded a pre-tax loss in the 12 months to 2 April 2016 after exceptional costs of £7.1m, although the operator said it was now well placed to prosper.
Royal Mail offset declining letter volume with its growing parcels operation in a year that saw it surpass the £10bn turnover mark for the first time, but saw pre-tax profit fall by more than a third (37%).
Customers’ willingness to shake up the status quo will stand Wincanton in good stead whatever challenges lie ahead, according to its boss.