Fuel efficiency increases from its Euro-6 fleet boosted CM Downton’s pre-tax profit last year. For the year ended 30 June 2016, Downton recorded a pre-tax profit of £5.7m, up 12% on the previous year’s £5m. A CM Downton spokesman said: “Part of the reason for the slight increase in profit was the big investment in Euro-6 vehicles, and we’re starting to see the benefit of that with better fuel consumption, along with good telematics results.” However the lower fuel costs […]
RT Keedwell Holdings is looking to expand in the South East after pre-tax profit jumped by more than a quarter in 2015 boosted by a strong performance from its regional operations.
The combination of the £16m sale of its former automotive logistics division and securing a “significant” customer wins towards the end of its last financial year helped Eddie Stobart Logistics generate a £21m surplus, which was used to repay its debt.
Rising driver wages and greater use of agency staff to combat recruitment difficulties contributed to a second year of reduced profit for Felixstowe-based container haulier James Kemball.