ECM (Vehicle Delivery Service) enjoyed a strong 2016 as UK car sales boomed delivering a 12% rise in pre-tax profit, but has warned of tough times ahead. Vehicle transporter ECM’s latest annual accounts show a 4.4% rise in turnover to £102m (2015: £98m) and a 12% increase in pre-tax profit to £1.3m (2015: £1.1m) in the year to 31 December 2016. ECM’s delivery volumes have risen strongly over the past three years, up a third (34%) while average employee numbers […]
Latest figures from Massey Wilcox show that it increased revenue by 8.3% but profits fell as it struggled to pass on running costs, particularly wages.
The Pallet Network (TPN) continued to thrive in its first full year after being acquired by Eddie Stobart Logistics (ESL), according to its latest annual results.
More than one-third of transport and haulage businesses in the UK are at risk of collapse, according to insolvency trade body R3.