Elddis Transport loses turnover to low fuel prices


Lower fuel prices cost Elddis Transport last year, with savings passed onto customers causing a drop in turnover. The County Durham operator recorded turnover of £25.6m for the year ended 31 December 2016; a 1.6% from 2015’s £26.1m. But MD Nigel Cook told MT the drop was entirely down to last year’s low fuel prices. He said: “We spent less money on fuel, and that was passed on to our customers which affected our turnover.“When you look at, it was […]