Rhys Davies and Sons’ decision to ditch its unprofitable accounts last year has been vindicated, the Cardiff-based logistics and warehousing company said in its latest annual results. Reporting for the year to 31 August 2016, the firm, which trades as Rhys Davies Logistics, said that while turnover fell by more than 10% to £37.5m (2015: £41.7m). Pre-tax profit rose in the same period by more than 8% to £405,453 (2015: £374,567). Rhys Davies finance director Stephen Thomas said: “This performance […]
A weak pound combined with rising demand for cheap Chinese trucks in Commonwealth markets has hit profit at international haulier and truck sales firm EM Rogers.
Arcese UK said it expects 2013 to remain as flat as 2012, despite posting a 77% increase in pre-tax profit in 2012.
DHL’s retail logistics arm DHL Supply Chain posted a rise in both turnover and pre-tax profit last year, while sister companies DHL Tradeteam and DHL Express (UK) saw declines.