Devereux Developments, which trades as Devereux Transport and Distribution, fell into the red last year following a “slight” fall in turnover, according to its latest annual results. Filing its annual results to 31 March 2019 the family firm, which is based in Billingham, County Durham, revealed a pre-tax loss of £57,683, down from a profit of £178,382 in the previous year. Turnover in the period fell to £13.7m, down from £13.9m in the same period. In its strategic report to […]
R Swain & Sons boosts turnover and profits in 2018 despite impact of “Beast from the East” and Brexit
R Swain & Sons defied adverse weather conditions to boost turnover by almost a third and pretax profit by close to three quarters last year, helped by its acquisition of Express Freight in June 2018.
The future of Hellmann Worldwide Logistics rests on the success of a major refinancing deal being negotiated by its German parent company, the 3PL’s auditor KPMG has warned.
While Motortransport.co.uk did not see as many industry insolvencies or closures in 2016 as in previous years, there were still a number of high-profile cases that shocked the transport sector.