Maxi Haulage achieved a record turnover of £66.3m in 2018, but warned the impact of pre-Brexit stockpiling on its Irish operation will hit its current year’s trading. The Irvine-based haulier reported a 6.3% increase in turnover for the year ended September 2018 from £62.3m to £66.3m. Pre-tax profit leaped 41.8% from £1.4m to £1.9m. However the company said that during the end of 2018 and into the early part of this year, it experienced ‘out of balance’, uneconomic traffic flows […]
The UK road transport sector saw a 20% surge in suppliers’ bad debts in the second quarter of 2017, according to the latest Creditsafe Watchdog Report.
Fred Sherwood & Sons (Transport) saw pre-tax profit fall 18% last year with turnover also declining by 5% in the period.