James Kemball recorded a pre-tax loss of £7.7m last year, as UK container transport endured “the worst conditions ever”. The Felixstowe-based container haulier said its results for the year ending 31 March 2018 reflected major changes taking place within shipping and their knock-on effect on road haulage. Turnover fell £419,000 to £27.8m and its losses deepened by £6m to £7.7m during the period (2017: loss of £1.7m). In its business review the company said: “During the financial year the impact […]
Rising driver wages and greater use of agency staff to combat recruitment difficulties contributed to a second year of reduced profit for Felixstowe-based container haulier James Kemball.
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.