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 […]
Simon Gibson Transport enjoyed what it described as an “excellent trading year” in 2015, shortly before it was sold to GCA Europe SA.
DX Group delivered an improved performance in the second half of its trading year, but this wasn’t enough to offset the damage done earlier on, the operator said today.
Wincanton hasn’t had it all its own way of late. A resurgent Eddie Stobart wrestled a Cemex contract valued at £15m off it, and MT revealed earlier this month that Britvic had re-awarded its entire transport requirement to Eddie Stobart after the first year of a five-year deal with Wincanton.