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 […]
Stobart Group has reported a “satisfactory” start to the year, despite low volumes from FMCG customers in its Eddie Stobart transport and distribution division.
A “satisfactory” fourth quarter left French logistics giant Norbert Dentressangle with group turnover of €3.88bn (£3.32bn) during 2012 – up 8.5%. The group’s transport division accounted for just over €2bn of this (up 3.7%), despite reduced volumes from some customers; with its contract logistics work adding just under €1.8bn (up 12%), thanks mainly to a strong performance in the UK, Italy and the Netherlands. The firm’s burgeoning freight forwarding activities, meanwhile, generated revenues of €143m (up 67%). Although ND’s total […]
Bradford-based Advanced Supply Chain has continued to grow turnover, revealing a revenue boost of nearly 15% to £31.7m for the year ended 30 June 2013 (2012: £27.6m).