North East haulage firm Elddis Transport reported “a solid performance” in its latest financial results, despite tough trading conditions. Turnover was £26.1m with a £552,647 pre-tax profit for the year ending 31 December 2015. This was lower than 2014’s £26.9m and £612,735, but MD Nigel Cook said its fuel ratchet rebate scheme accounted for most of the loss, due to falling fuel prices. He told Motortransport.co.uk: “Obviously, it’s a difficult market, but we are running at the budget planned for […]
“I’m sat looking at an old Commercial Motor cover from 2010”, says Elddis Transport MD Nigel Cook. “There’s a big picture of an Elddis truck on it with the words ‘collaboration is key to success’. Nothing has changed.”
Members of the United Kingdom Warehousing Association (UKWA) will be among those showcasing their products and services at this year’s Multimodal.
The government’s apprenticeship levy will come into force in April 2017. This means in just four months, companies with a payroll of £3m or more will be paying 0.5% of that cost into a pot, which UK businesses will be able to draw from for staff training.