Tilbury, Essex-based logistics and freight forwarding firm Arcese UK has slumped into the red, but has vowed to increase both turnover and profit this year. It reported a pre-tax loss of £872,725 in the year to 31 December 2015 compared with a pre-tax profit of £36,928 for the same period in 2014. Turnover fell to £19.1m from £23m. In their financial report for the year, the directors stated that “the downward trend in terms of trading volumes at the end of […]
APC Overnight boosted its turnover in the year ended 31 March 2016, after it lowered its maximum parcel weight as part of an “important year” of reshaping the business.
The combination of the £16m sale of its former automotive logistics division and securing a “significant” customer wins towards the end of its last financial year helped Eddie Stobart Logistics generate a £21m surplus, which was used to repay its debt.