Jack Richards and Son boosted turnover by 14% and pre-tax profits by 7% in 2016, aided by stable fuel prices and an efficiency drive. Reporting its annual results to 31 March 2016 the Norfolk-based company said turnover had grown to £40.6m (2015: £35.5m) with pre-tax profit reaching £1m (2015: £951,007). MD Peter Brown told Motortransport.co.uk: “Our growth is mostly about looking at internal efficiencies and working that little bit harder.” An efficiency drive at the company included introducing telematics to […]
Controlled temperature specialist Langdons saw a 13.7% increase in turnover as it felt the benefit of a £9m investment it its Redditch depot. For the year ending 31 December 2011 turnover at Langdons Industries was £67.5m (2010: £59.4m), while pre-tax profit rose to £2.7m from £2.1m in the previous 12 month period. Arran Osman, MD at Langdons, says that return on sales has “settled back to expected levels based on performance in 2009” as “profit in 2010 had been significantly […]
FedEx saw UK turnover and pre-tax profit jump last year as it continued to integrate express carrier ANC into its network.
Some haulage contractors should be charging over four times the rate they are currently being paid, a prominent costs expert has warned. Brian Fish, MD of logistics and transport consultancy DFF International – who compiles the RHA’s annual cost tables and previously ran family haulage firm Joseph Fish & Sons – has approached MT.co.uk with calculations showing rates per mile that vary, subject to route, from £2.13 to £4.47. Looking at three different daily routes of 100, 200 and 280 […]