Despite turnover rising by almost half in 2017 Simon Gibson Transport saw its profit fall for the third consecutive year as the firm continued to invest “heavily” in its fleet. Reporting its latest annual results for the year to 31 December 2017, the East Yorkshire-based bulk powder transport company revealed a £7.1m investment in a “high profile” fleet of trucks. The firm said the fleet investment was “imperative” to maintain customer service levels. The company which is based in Goole […]
A turnaround plan at HW Coates has borne fruit with both turnover and profit up at the chemicals logistics specialist.
By the time the Beast from the East had done its damage and spring was finally making itself known, official figures showed that there had been 574 insolvencies in UK logistics during the first three months of 2018.
City Link parent Better Capital has revealed it will inject more money into the the parcel carrier in a bid to turn the loss-making business around.