Simon Gibson Transport saw its pre-tax profit almost halve in 2016 after “heavily” investing in upgrading its fleet during a year of “more difficult” trading conditions. In its latest annual results to 31 December 2016, the East Yorkshire bulk powder haulier showed a 47% drop in pre-tax profit to £770,030 (2015: £1.4m) after spending £740,232 on improving its fleet. In the annual results strategic report the company said its fleet investment strategy “is imperative in ensuring the highest standards and […]
There are no immediate plans to phase out the Simon Gibson Transport name, new owner Groupe Charles André (GCA) has said.
Rapid growth at East Yorkshire bulk powder haulier Simon Gibson Transport has seen the firm strengthen its fleet with 51 new Volvo FH 6×2 tractor units.
Simon Gibson Transport enjoyed what it described as an “excellent trading year” in 2015, shortly before it was sold to GCA Europe SA.