Gregory Distribution (Holdings) arrested a profit decline last year despite being “significantly impacted” by the Beast from the East. The Palletline and Palletways member increased turnover by 8.8% to £174m during the period ending 29 September 2018, and pre-tax profit was up by 3.4% to £5.7m. In the corresponding period in 2017 pre-tax profit had fallen 15% year-on-year to reach £5.5m, which was attributed to the loss of a major client and tough market conditions. The company, which is part […]
Royal Mail Group has turned a loss into a profit in its UK letters and parcels arm as it revealed details behind its strategy to develop into a more parcels-focused business ahead of its planned privatisation. The Group’s first half profit for the six months ending 23 September leapt to £99m, from a loss of £41m in the same period a year ago. This came mainly as a result of a 5.6% rise in parcel volumes which now accounts for […]
Contract wins and investment in infrastructure led to revenues at Expect Distribution increasing by 13.6% in 2019.
Bridgend-based John Raymond Transport has endured a tough period but parent company Nolan Transport believes the required changes have now been made to return the haulier to health.