John Jempson and Son saw profit more than double in 2015 boosted by the sale of its Palletforce shares. Palletforce was acquired by EmergeVest in a £30m deal last August, which saw the pallet network’s haulier members sell their shares as part of the change in ownership. John Jempson’s annual results to 31 December 2015 show pre-tax profit up to £679,475 in 2015 (2014: £300,261). This was after an injection of £356,040 into the company’s coffers after it sold its Palletforce […]
Regional hauliers will not survive in the long term if their only income is from pallet network membership, according to Simon Nelson, MD of Nelson Distribution.
Norbert Dentressangle said its transport and logistics operations are “well on course” both in terms of growth and profitability, after posting a 19% increase in first-half earnings.
Knights of Old delivered a “strong financial performance” in the year ended 31 May 2016 despite challenging market conditions, according to its annual report.