Jack Richards & Son increased turnover by 17% last year after benefitting from “a benign market”, according to its MD. However, pre-tax profit at the Norfolk haulier fell from £1.2m to £988,000 in the year ending 31 May 2018. It blamed this on an increase in administrative expenses. The Fakenham-based company boosted turnover to £53.7m, an increase of £7.8m on the previous year. In a statement within the latest financial results, MD Peter Brown said: “Net cash generated from operating activities […]
The MD of Currie European has warned that customer rates must increase in 2014, to keep pace with the growing cost of running a haulage business.
Palletways has worked quickly to fill a gap in its coverage left by Cambridgeshire operator Heathcliff Haulage, which went into administration in January.
Palletline is on course to launch a direct trunking service from January 2014, a move that its MD Kevin Buchanan believes has the potential to evolve the decades-old pallet network model.