Operator EM Rogers saw its pre-tax profit soar last year in the wake of low fuel prices and a strong pound against the euro, but said the UK’s vote to leave the EU could now prove costly to its operation. For the year ended 31 January 2016, the Northampton-based operation saw its profit jump by 143% to £2m (2015: £825,000). Joint MD David Rogers, who shares the role with his brother John, said: “We had a very good year, we’re very […]
2016 saw the UK vote to leave the EU, Donald Trump preparing to move into his new house across the pond, and Sadiq Khan introduce unprecedented safety measures for operators working in London. But these headlines aside, 2016 has still been a busy year for the road transport sector. As we approach the end of the hugely eventful 2016, the MT team discuss the year’s key events, Brexit aside, and the things to look out for in the coming months. […]
The Home Affairs Select Committee has been told that a significant proportion of UK exports will get delayed if customs clearance is reintroduced as a consequence of Brexit, and the government needs a “big step change” to deliver the promise of “frictionless trade”.
International Swiss-based freight and logistics business Kuehne + Nagel reaped the benefits of its long term growth strategy with record results in the 12 months to 31 December 2011. Globally, K+N saw net profit rise to CHF606m (£421m) on turnover of CHF19.6bn (£13.6bn), increases of 12.2% and 9% respectively after the effect of the strong appreciation of the Swiss franc against K+N’s major trading currencies was stripped out, according to Tim Scharwath, vice-president for global air logistics. In K+N’s four […]