Abbey Logistics Group made a pre-tax loss of £3.6m for the year ended June 2018, after taking short-term pain for long-term gain as part of its self-set target to achieve an annual turnover of £100m by 2022. Turnover from continuing activities – stripping out its discontinued general haulage and Pallet-Track work – was up 28% to £61.7m (2017: £48.4m) in the period. The company attributed this to several new contract wins and the acquisition of Armet Logistics in 2017. Abbey […]
A new web portal that aims to marry up tanker operators with suitable loads is to be launched this summer by transport management consultancy Lateu Logistics.
Panther Warehousing has completed a management buyout (MBO), backed by private equity firm Lloyds Development Capital (LDC).
Suttons Transport Group parent Thomas Cradley Holdings saw its UK turnover jump almost 10% in the year ended April 2012, from £75.4m to £82.9m. The figure includes a contribution of £63.5m (an increase of 14% year-on-year) from Sutton & Sons (St Helens), the UK road tanker, warehousing and drumming operation of Suttons Transport Group. Suttons & Sons (St Helens) profit before tax stood at £1.365m, up almost 25% on the previous 12 months’ £1.09m. Group MD Andrew Palmer said the […]