Government road projects generating demand within the construction sector helped Bowring Transport perform strongly last year, according to its latest annual results. In the year to 31 May 2016, the Mansfield, Nottinghamshire-based firm said that despite “a modest decline” in turnover to £12.2m (2015: £12.6m) and in pre-tax profit to £1.6m (2015: £1.68m), the haulage division “exceeded expectations” in the period. Bowring Transport attributed the division’s performance to “significant demand” for haulage services driven by “substantial capital spending” on local and […]
A piecemeal, stop-go approach to funding for road maintenance has made it difficult for highways authorities to deliver maintenance cost-effectively over recent decades, the Public Accounts Committee has said.
Witney, Oxfordshire-based Chris Hayter Transport saw profits drop by 22% last year, which it said was expected in the current economic conditions.