Currie European’s MD said it had been focusing on customer and route profitability during 2016, in order to mitigate limited success in increasing its rates. Stephen Turner said “good improvements” had been made but that a lot of work remained on boosting margins. He was commenting following the publication of its latest financial results, which showed a 10% reduction in turnover for the year ending 31 December, to £40.6m. Pre-tax profit slid by 4.6% to £94,653. Turner said: “Customer rate […]
The industry needs to re-examine its relationship with its customers if it is to end the rate squeeze, according to Bullet Express MD David McCutcheon. Responding to news last week that despite growth in the pallet sector, rates remained under acute pressure, McCutcheon said: “As a haulier of more than 22 years, rates have never been better for clients.” McCutcheon, who is a Pall-Ex member and has a 50-strong fleet of vehicles, said: “While pallet networks remain invaluable to hauliers, […]
Pallet networks buying member hauliers is a trend the sector will “definitely see more of” in the future, say the heads of Palletline and Pall-Ex.
EM Rogers (Transport) expanded its specialist car transporter business during its previous financial year, buying several enclosed car transporters and the associated customer-list from Advatec.