A shortage of drivers, the introduction of Driver CPC and a drive to improve its services saw Aspray Transport’s pre-tax profit fall in the year ended 30 June 2016, despite turnover growth of more than a third. The operator’s pre-tax profit fell by 22% year-on-year, from £1m to £779,000. However Aspray’s turnover for the year was £49m; an increase of 36% on 2015’s £36m. In the strategic report for the year the company, which trades as Aspray24, said that “the […]
Aspray Transport is awaiting the completion of its 18-acre expanded Willenhall, West Midlands hub, which is due to be unveiled next month.
Aspray Group has been acquired by Bushell Investment Group for an undisclosed sum.
A turn-round strategy introduced at Aspray Transport last year led to the next day carrier spending almost £400,000 to tackle a “highly challenging” environment resulting in the firm recording a loss.