A weak pound combined with rising demand for cheap Chinese trucks in Commonwealth markets has hit profit at international haulier and truck sales firm EM Rogers. Reporting its results for the year to 31 January 2017 the Northampton-based firm revealed that while turnover increased from £18.5m to £18.8m in the year to 31 January 2017, pre-tax profit fell from £2m to £1.7m in the same period. MD David Rogers told MT the family firm, which he runs with his brother […]
Fowler Welch boosted revenue 6% to £152.4m for the year ended 31 March, with pre-tax profit up to £3.9m, from £2.6m the previous year. The FMCG specialist downsized its container division in the period, with the closure of its Felixstowe site. It now runs a smaller operation from its site in Alconbury, Cambridgshire that has seen an improvement in miles per truck. It has also reduced its number of tractor units. Performance was boosted at its 50,000 pallet ambient consolidation […]
Rising driver wages and greater use of agency staff to combat recruitment difficulties contributed to a second year of reduced profit for Felixstowe-based container haulier James Kemball.
NFT Distribution reported profit up but turnover down in its first trading year under the ownership of private equity backer EmergeVest.