John Mitchell (Grangemouth) has reported a significant rise in profit after cost-control measures and a focus on its warehousing arm. For the year ending 31 March, the haulage and warehousing business recorded a turnover largely static compared with last year, at £13.2m. However, pre-tax profit increased almost fourfold to £346,707 (2015: £88,530). MD Iain Mitchell said control of the company’s costs helped drive much of its profit. “We are tight on that. We have focused more on the warehouse side […]
Suckling Transport said business had been “encouraging” last year, with profit and turnover up 49% and 43% respectively.
The volume of parcels being handled by UK Mail has surpassed its current operational capacity.
Hermes has revealed record results at its UK division, with revenue up 22% in 2011. The parcels company says this reinforces its position as the country’s second-largest home-delivery business. Revenue stood at €303m during 2011, up from €248m in the previous year. Hermes says its UK arm handled more than 140 million parcels during the year, as demand for its home delivery services increased with online retail sales. Carole Woodhead, chief executive at Hermes UK, says: “Our UK business has […]