Turners (Soham) saw pre-tax profit and turnover increase last year due to rising fruit and vegetable volumes. Pre-tax profit rose 11% to £24.8m in the period between 4 January 2015 and 2 January 2016, up from £22.3m the previous year. Turnover increased to £247m from £238m, with the biggest contribution coming from its general haulage operation, which saw turnover grow to £62m from £50m. Turnover in its temperature controlled division was flat at £109m and revenue from its tanker division fell to £76m from £79m. […]
City Link narrowed its losses by 54% in 2012, but a reduction in volumes from higher margin B2B customers meant that its performance was behind the expectations of parent company Rentokil Initial.
C Butt Logistics has remained in profit for the second year running after turning its back on the retail logistics sector.
Christmas may be cancelled for some container operators enduring flat volumes instead of the usual autumn surge as retail customers remain cautious about stocking up for the gift-giving season. Roadways Container Logistics MD Nick Matthews is not expecting a reversal in the coming months. “Christ-mas in the container industry comes early in the year; typically September, October and November. September has not seen a significant increase on prior months and some of the largest shipping lines are not predicting much […]