Turnover and profit at Welch’s Transport continued their upward trend last year, despite the Cambridgeshire haulier contending with a relocation and the driver shortage. Newly published accounts for the year to 31 December 2015 show that turnover increased by 8% year-on-year to £12.6m, while pre-tax profit rose by 39% to £166,078 in the same period. Road haulage and warehousing operations accounted for the majority of Welch’s turnover, with its garage activities, crane hire and furniture sales made up around £2.2m. […]
The latest UK Labour Market survey from the Recruitment and Employment Confederation (REC) and KPMG has underlined the acute driver shortage that is threatening to stymie operator growth.
Birds Groupage Services’ auditor has raised concerns over the future of the loss-making company.
Profit at Fred Sherwood and Sons (Transport) saw a resurgence in the year to 31 March 2015, climbing almost 70%.