Cambridgeshire-based Knowles Transport slipped into the red after operational issues at its – at that point – newly opened Wisbech DC resulted in “significant costs”. The firm’s newly published annual results covering the year to 31 December 2017, reveal that that while turnover at the company rose to £30.4m (2016: £23.2m) in the period, it actually made a pre-tax loss of £4.4m. This compared with a profit of £2m in the previous year. In its strategic report to the accounts […]
A weak pound combined with rising demand for cheap Chinese trucks in Commonwealth markets has hit profit at international haulier and truck sales firm EM Rogers.
Stobart Group has reported a “satisfactory” start to the year, despite low volumes from FMCG customers in its Eddie Stobart transport and distribution division.
Express delivery firm Aspray Transport will shortly begin constructing a new 10,000 pallet high-bay storage facility at its Willenhall, West Midlands hub. Construction of the 17m high facility, which will also include an area for block stacking, will begin in October. The firm, which recently bought over five acres of additional land around the site, is also putting an extra 40 parking spaces in place for trailers. Both developments should be operational in June next year. Aspray’s investment in hub […]