NFT Distribution recorded a pre-tax loss in the 12 months to 2 April 2016 after exceptional costs of £7.1m, although the operator said it was now well placed to prosper. The bulk of the costs related to a “major incident” that saw the M1 closed for 18 hours on 2 December 2015 and the start of a new client contract at Daventry. “These costs are provided for in full but are still the subject of detailed negotiations, which precludes us […]
Suckling Transport said business had been “encouraging” last year, with profit and turnover up 49% and 43% respectively.
Operators should soon be able to see how promptly large firms pay their bills under government proposals announced last week designed to name and shame businesses that “ride roughshod over their suppliers”.
Price increases and a rise in parcel volumes have contributed to Royal Mail Group’s continuing rise in annual profit and turnover, the firm said today.