Saints Transport saw a dramatic drop in pre-tax profit in 2016, in a year that saw the company undergo a major fleet renewal and chairman Piers Carroll complete an MBO. The operator made a pre-tax loss of £524,000 in the year ended 31 December 2016, a 302% drop on 2015’s pre-tax profit of £259,000. In its strategic report Saints attributed falling profit to the £5.6m spent on fleet renewal, and costs associated with the management buyout. The MBO was completed […]
Customers’ willingness to shake up the status quo will stand Wincanton in good stead whatever challenges lie ahead, according to its boss.
DSV Road saw turnover fall by £13.3m in 2015 after a “challenging year” that saw it lose a major customer.
Airfreight specialist Saints Transport saw both turnover and profit rise in 2013, despite what it described as a “challenging year” for its sector.