Maxi Haulage has delivered one of its largest pre-tax profits in the firm’s history, despite a “difficult and competitive” environment. The Irvine-based haulage company, a subsidiary of Maxi Caledonian, saw pre-tax profit increase from £1.5m in 2015 to £2.3m in the year to 30 September 2016. Turnover rose from £55.9m to £56.2m in the same period, newly-published accounts show. Speaking to MT, Maxi Haulage MD Alan Miles said the profit hike was down to the company divesting itself of low-margin […]
The financial standing system should be completely reviewed when the UK leaves the EU, according to the FTA.
Parcel delivery network APC Overnight made a £4.42m pre-tax profit last year, a 30.4% increase on the previous year’s figures. Turnover for the year ended 31 March 2012 rose 13.5% to £65.7m (2010/11: £57.9m) as a result of increased customer demand. Chief executive Syed Ziaullah said: “These results really are a reflection of the huge surge in customer demand seen right across the business during the last financial year. “We pride ourselves on delivering the best service in the business […]
The FTA has warned that the supply chain is “set to disintegrate” if the status of European workers within the UK’s logistics sector is not settled as part of the ongoing Brexit negotiations.