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 […]
Connect Group has seen its annual profit collapse by more than 200% after a calamitous period, which saw its one time star-performer Tuffnells lose its way and attempts to restructure the group hit the wall.
Premier Logistics (UK) was loss-making in the eight months to 31 December 2017 newly published accounts from the embattled group reveal.
The government should stimulate the economy by creating a quantitative easing programme for people rather than banks, according to Clugston Group CEO Stephen Martin.