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 […]
Grocontinental increased pre-tax profit by almost 13% to £5.2m just before being snapped up by Dutch firm AGRO Merchants Group.
Cambridgeshire-based Knowles Transport slipped into the red after operational issues at its – at that point – newly opened Wisbech DC resulted in “significant costs”.
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%).