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 […]
The boss of CM Downton has said customers need to be realistic about haulage rates as the economic recovery begins to lay bare capacity issues within road transport.
Langdons has taken on two more trailers from Gray & Adams to boost its urban delivery operations in cities in Scotland. The trailers are equipped with Anteo tuck-under tail-lifts, Whiting roller shutter doors and the latest Thermo-King Spectrum fridge units to cope with urban deliveries. The tractor units can also operate on overnight trunk routes using standard length trailers, resulting in greater operational efficiency.
Kuehne + Nagel group chief executive Reinhard Lange is to step down in May. The news came as the firm reported a dip in European EBITDA and turnover due to intense margin pressure.