Challenging market conditions led to a £1.3m fall in turnover at Fred Sherwood & Sons (Transport) last year. The Leicestershire family firm reported a £33.4m turnover in the year ending 31 March 2018, down 3.7% compared with 2017’s £34.7m. Pre-tax profit was £2.6m (2017: £671,688) but the haulier said the increase was due to receiving a £2m dividend from a subsidiary company. In its review of the business, Fred Sherwood & Sons (Transport) said the fall in revenue had occurred […]
The reborn TruckPol intelligence service is gaining momentum and financial backing, according to National Business Crime Forum (NBCF) vice-chairwoman Jean Mountain. Mountain, who chaired a second meeting of the forum, which has resurrected TruckPol, told MT the Business Crime Intelligence Bureau, which works alongside the NBCF, had begun feeding information about freight crime through to the RHA as planned. The NBCF itself, meanwhile, is due to lobby MPs at the House of Commons on 22 November. The forum has attracted […]
Felixstowe-based haulier James Kemball’s investment in additional fleet appears to have paid off with a 9% rise in turnover and 32% jump in pre-tax profit.
Membership numbers and turnover increased at the FTA last year, but its pre-tax surplus fell.