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 […]
MT Partnership Award winner Miniclipper Logistics is planning further expansion and investment after a record performance this year.
TNT UK remained loss making in its most recent trading period once the one-off gain from the sale of its Business Solutions division is stripped out, its latest accounts show.
Stobart is still restructuring the former Innovate business it acquired out of administration in 2008 – a process that has been “more challenging, costly and further reaching than first planned”. The admission came as Stobart Group revealed profit rose 10% at its transport and distribution division (Eddie Stobart) to £14.2m in the first six months ended 31 August. This was despite a 5.6% fall in turnover to £251.1m. “We have improved our margins in [Eddie Stobart] through more effective financial […]