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. […]
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.
DX Group has declared it is on the road to recovery, after trimming its annual loss by more than £60m.
By the time the Beast from the East had done its damage and spring was finally making itself known, official figures showed that there had been 574 insolvencies in UK logistics during the first three months of 2018.