A reduction in car registrations and uncertainty over Brexit led to a pre-tax loss of £480,000 at bimodal car transporter STVA UK in 2018. The most recent set of available accounts for the company showed that in the year ending 31 December 2018, turnover also reduced by almost 20% to £21.7m. The pre-tax loss during the period contrasted with a £156,000 profit during 2017. In its review of the business, STVA UK, which is based in Bristol but also has […]
City Link cut its first quarter losses by more than a third but remained loss-making ahead of its sale to turnaround investor Better Capital.
The acquisition of administration-hit Elite Transport Services pushed Deben Transport into the red last year.
Stephen Turner, the MD of Currie European Transport, has led a successful MBO at the Dumfries-headquartered firm.