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. Announcing annual results for the year to 31 August 2018, the business, which also owns Smiths News and recently disposed of its Pass My Parcel network, made a pre-tax loss of £35.5m (2017: profit of 34.2m). Annual turnover was 3.8% lower year on year at […]
Hertfordshire-based Carters Haulage entered administration after expanding from one lorry to 40 in just three years to service a blue chip client and then losing the business months later.
APC Overnight boosted its turnover in the year ended 31 March 2016, after it lowered its maximum parcel weight as part of an “important year” of reshaping the business.
All 39 jobs have been lost at family transport firm Mann Haulage in Chester-le-Street after the company was forced to close down last month.