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 […]
Rico Logistics has told MotorTransport.co.uk that further acquisitions are on the cards, after its integration of the DHL Express Same-Day courier business it bought last November.
Despite the high-profile collapse of Deben Transport last month, the amount of insolvencies overall in the transport and haulage sector is rapidly declining year-on-year.
A continued move from straight transport to logistics activities including warehousing, packing and freight forwarding helped Glasgow-based Gordon Leslie Group achieve a 20% rise in pre-tax profit in the year to 30 September 2012. Turnover in the year fell around 8% to £4.8m (2011: £5.2m), but profit before tax came in at just over £487,000 (2011: £405,000). MD Craig Leslie said the firm had made a “fairly conscious move” in the last two years to reduce its reliance on some […]