Redhead Freight is continuing to make progress after its acquisition by Schenker, which saw the reverse integration of loss-making DB Schenker Logistics into the business. Reporting its annual results to 31 December 2017, the Bradford-based company revealed that turnover had risen 12% in the year to £64.6m (2016: £56.7m). Its annual pre-tax loss improved by almost two thirds to £939,103 (2016: loss of £2.8m). The purchase of a 75% share of Redhead Freight’s parent company in December 2015 by Schenker, […]
Stobart Group has said a £25m windfall generated by a property sale this month will be held in cash pending reinvestment or used to repay debt.
Arcese UK said it expects 2013 to remain as flat as 2012, despite posting a 77% increase in pre-tax profit in 2012.
Steve Porter Transport enjoyed a busy summer, with a jump in drop-trailer movements during the period.