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 […]
City Link cut its first quarter losses by more than a third but remained loss-making ahead of its sale to turnaround investor Better Capital.
Pre-tax profit at Fowler Welch rose 12.8% last year, as a result of improved vehicle efficiency, new business wins and volume growth from existing customers.