Bulk haulage firm Fred Sherwood & Sons saw its pre-tax profit tumble by three quarters to £644,000 last year as the firm battled declining asset resale values, rising fuel prices and pay rate pressures. Whilst the Leicestershire family firm saw turnover rise in the year to 31 March 2019 to £33.9m (2017: £33,775), this was attributed largely to recharge sales, with haulage turnover declining “slightly” in the period, according to its latest annual results. In the same year, pre-tax profit […]
Palletline has completed its newly created business development team line-up, welcoming Amy Liston, Robert Carter and Peter Stewart to the pallet network.
Transport and logistics operations at The Russell Group have not been affected by recent financial problems at group company Icetech Freezers, the firm has stated.
Whistl saw its pre-tax profit crash by more than 400% last year after ending its foray into the final mile delivery market, but predicts it will have recovered by the end of 2016.