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 […]
TNT Express has unveiled a strategy to improve its performance and financial results as both group turnover and operating profit continue to decline.
UK Mail chief executive Guy Buswell has said the company will be investing in its depot network and automated sortation equipment after delivering an18% uplift in pre-tax profit.
Wincanton saw annual turnover fall in the year ended 31 March 2019 but profit increase, thanks to a strong performance in retail that offset contract losses elsewhere.