Despite selling a majority share to Rico Logistics in January last year and exiting its Company Voluntary Agreement (CVA) early, Circle Express made a loss last year. Reporting its results for the 17 months to March 2016, Circle Express, which runs more than 300 vehicles across eight airport depots, said it had “faced a challenging start to the period under review, with a downturn in trade, coupled with a significant increase in the fixed cost base of the company”. This […]
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.
Maxi Haulage has delivered one of its largest pre-tax profits in the firm’s history, despite a “difficult and competitive” environment.
Bridgend-based John Raymond Transport has endured a tough period but parent company Nolan Transport believes the required changes have now been made to return the haulier to health.