Container haulier Pentalver Cannock said a rise in turnover and pre-tax profit during 2017 was essentially down to the continuing improvement in trading conditions since the economic downturn. The company, with depots in Felixstowe, Southampton, London Gateway and Cannock, reported a 7.6% increase in turnover to £45.2m in the year ending 31 December 2017; up £3.2m on 2016’s £42m. It put the rise down, quite simply, to an increase in haulage activity. Pre-tax profit jumped to £1.2m, an increase of […]
Transport and logistics operations at The Russell Group have not been affected by recent financial problems at group company Icetech Freezers, the firm has stated.
The ongoing threat of strike action at Royal Mail has encouraged many of its customers to switch to rival carriers, while growth in new contracts has slowed, the firm admitted in its half year results.
S&S Distribution, the Kent-based haulier snapped up by Palletline last year, recorded a pre-tax loss shortly after its purchase, newly published accounts show.