The combination of a full-year of contributions from Roadways Container Logistics (RCL), and “significant progress” in its distribution business saw turnover hit nearly £200m and pre-tax profit rise 75% at Maritime Transport. For the year-ending 27 December 2015 turnover at Maritime stood at £198.3m, up on £162.8m in the previous financial year. Pre-tax profit rose to £5.4m, compared to £3m. It is its fourteenth consecutive year of turnover growth, with the business virtually doubling in size in the past five […]
Renewed economic confidence and a focus on efficiencies saw an increase in the amount of mergers and acquisitions in 2014 as operators looked to strengthen, diversify and consolidate. Motortransport.co.uk takes a look back at a surprisingly strong year of M&A activity. In February, Pollock (Scotrans) acquired Blackburn-based haulier Gilbraith (TS) for an undisclosed seven figure sum, giving the Scottish operator extended reach into north-west England. April saw Essex-based freight forwarder and haulier Simarco purchase Longport-Staffordshire based IFB for an undisclosed […]
The collapse of Deben Transport highlights the urgent need to address the poor rates plaguing the container haulage market, the boss of Pentalver has said.
Maritime Transport has taken delivery of six Lawrence David curtain-sided trailers in Decathlon livery.