John G Russell profit up after focusing on core distribution service


Scottish multimodal operator John G Russell boosted pre-tax profit by 8% last year despite suffering from floods, sluggish rates and disruption on cross-channel routes. The company posted a pre-tax profit of £2.91m in the year to 31 March 2016, up from £2.69m in the same period the previous year. Turnover fell 2.4% to £61m from £62.5m. Chief executive Alan Poulton said a focus on core distribution services and improving margins had helped its performance. This included ending its loss-making rail service […]