Simon Gibson Transport enjoyed what it described as an “excellent trading year” in 2015, shortly before it was sold to GCA Europe SA. Accounts filed at Companies House showed that turnover at the East Yorkshire bulk powder haulier rose to £13.3m in the year ending 31 December 2015, up from £13.1m the year before. Pre-tax profit also increased, by almost 27% to £1.5m (2014: £1.2m). The increase in turnover came entirely from its European operations, which shot up 359% to […]
Ryder Europe has purchased CV contract hire and fleet management specialist Euroway for an undisclosed sum. Euroway has a total fleet of 1,419 CVs, ranging from 3.5 tonners to tractor units, plus trailers. Daf is the dominant supplier to Euroway. In 2010, its combined divisions generated a combined turnover of about £22m and a pre-tax loss of circa £730,000. The acquisition means Ryder’s fleet totals nearly 25,000, comprising 10,514 trailers and 13,905 vehicles. David Hunt, vice president and MD of […]
Hermes Parcelnet pays its suppliers more quickly than any other company in the Motor Transport Top 100 top 10, an MT analysis has found.
A prediction last year by Maxi Haulage that pre-Brexit stockpiling would hit its bottom line has proven correct after its latest financial results showed a reduction in the Irvine headquartered company’s turnover and profits.