The Brit European group of companies made its first profit in three years in 2016, newly published accounts show. In the 12 months to 31 December 2016 pre-tax profit stood at £339,614 compared with a loss of £753,000 a year ago. Carman (Holdings), whose subsidiaries include Brit European Transport and Silver Arrow Logistics, as well as two continental businesses now in liquidation, said its core areas had “performed well in 2016, although changes to the group’s activities impacted on the […]
Scottish multimodal operator John G Russell boosted pre-tax profit by 8% last year despite suffering from floods, sluggish rates and disruption on cross-channel routes.
City Link will need to improve account management and customer service if it is to become profitable again, analysts said, following its sale to private equity investor Better Capital.