Eddie Stobart Logistics saw its turnover and profit grow in its first full trading year under the majority ownership of private equity firm DouglasBay Capital, despite what it described as difficult trading conditions in its core markets. Filings made by Eddie Stobart Logistics show that for the year-ending 30 November 2015 the business posted a turnover of £496.5m, up 1.6% compared with £488.5m in the previous year – incorporating not just its UK activities, but those in Ireland and continental Europe. […]
Container haulier Goldstar Transport saw an 8.6% increase in turnover and a pre-tax profit rise of 35% in the 12 months ending 31 July 2012. The Felixstowe-based haulier, which has depots in Tilbury, Rochester, Southampton, Bristol, Liverpool, Birmingham and Wakefield, said in its annual report that turnover rose from £65.4m in the previous financial year to £71m. Pre-tax profit increased to £2.1m from £1.6m in 2011. In the report the firm added that gross profit margin had increased to 11.5%, […]
As 2014 draws to a close, MT.co.uk looks back at the stories you wanted to read. There were shocks, surprises and startling revalations galore in the road transport industry, but what were the ten stories that attracted the most attention? Here’s a clue: Seafield, Stobart and shortages dominated…
Yodel has missed its self-set target of delivering a first ever profit in its most recently completed financial year, according to newly published accounts.