ARR Craib Transport grew both annual turnover and profit in its last full year of trading before it was acquired by Gregory Distribution, new accounts show. In the year to 31 March the Aberdeen headquartered haulier saw its diversification away from the UK oil and gas industry coupled with “excellent retention” of customers pay off. Turnover – half of which is derived from customers in the UK oil and gas sector – climbed 4.9% to £47m (2017: £45m). Pre-tax profit […]
Circle Express has continued to trade successfully under a Company Voluntary Arrangement (CVA), achieving its second consecutive profitable year.
Despite the high-profile collapse of Deben Transport last month, the amount of insolvencies overall in the transport and haulage sector is rapidly declining year-on-year.
Logistics firm Amco Services (International) was sold in a pre-pack deal that cost its management team £143,000, according to new documents.