A turn-round strategy introduced at Aspray Transport last year led to the next day carrier spending almost £400,000 to tackle a “highly challenging” environment resulting in the firm recording a loss. For the year ending 30 June 2017, the company, which trades as Aspray24, reported turnover fall of £32.4m (2016: £49m but an 18 month period). It made a pre-tax loss of £378, 754 (2016: profit of £778, 711. !8 month period). However, in its latest set of financial results […]
Royal Mail offset declining letter volume with its growing parcels operation in a year that saw it surpass the £10bn turnover mark for the first time, but saw pre-tax profit fall by more than a third (37%).
The future of Hellmann Worldwide Logistics rests on the success of a major refinancing deal being negotiated by its German parent company, the 3PL’s auditor KPMG has warned.