Welch’s Transport sees profit fall due to staffing shortfall

Welch's Transport

Welch’s Transport saw profit fall in a year with an “uncomfortably high” turnover in operational staff, according to the firm’s latest annual results. The Cambridgeshire haulier’s newly published accounts for the year to 31 December 2016 reveal that whilst turnover rose by 6.3% to £13.4m (2015: £12.6m), pre-tax profit was 4.5% lower at £158,527 (2015: £166,078) The results show that road haulage and warehousing delivered the lion’s share of the turnover, with the firm’s garage operation, crane hire and furniture […]