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 […]
Arcese UK reported a £2.9m increase in turnover last year, but profit slid further into the red, with the firm making a £939,000 pre-tax loss “due to increasing business costs”.
The cost of regulatory compliance for operators that specialise in chemical distribution will continue to rise, as Brexit will not be able to offer any significant regulation changes in the sector, according to the Chemical Business Association (CBA).
The cabotage rights of EU hauliers in the UK could be suspended if the EU does not agree to allow UK hauliers continued access to Europe in the event of a no-deal Brexit, the UK government has warned.