Hargreaves Services is to “ration” expenditure in its logistics division after it suffered a 91% fall in operating profit last year due to competitive pressure. Operating profit plunged from £1.2m to £100,000 in the year to 31 May 2017, as turnover dropped 11% to £48m (2016: £54.4m). It said this reflected its transition from a focus on coal movements to more diverse volumes in the waste, construction and biomass sectors, as well as pressure on subcontractor margins. Hargreaves said the […]
Langdons has taken on two more trailers from Gray & Adams to boost its urban delivery operations in cities in Scotland. The trailers are equipped with Anteo tuck-under tail-lifts, Whiting roller shutter doors and the latest Thermo-King Spectrum fridge units to cope with urban deliveries. The tractor units can also operate on overnight trunk routes using standard length trailers, resulting in greater operational efficiency.
Widnes-based Suttons Tankers is on the look-out for further acquisitions as it gears up its growth plans, according to MD Michael Cundy.
UK Mail has conceded that its pallet business suffered a tough year in the twelve months to 31 March 2013.