Fagan & Whalley pocketed a £521,000 profit last year, but it was a significant reduction compared to the previous year’s £1.3m. According to its latest set of results, for the year ending 30 April 2019, the transport and warehousing company increased turnover by 1.2% to £26.3m. But pre-tax profits fell by more than £736,000 to £521,245 during the 12-month period. Operating profit reduced by 2.2% to £565,213. Read more Fagan & Whalley business boosted by new £8m warehouse Fagan & […]
Rhys Davies and Sons’ decision to ditch its unprofitable accounts last year has been vindicated, the Cardiff-based logistics and warehousing company said in its latest annual results.
City Link parent Better Capital has revealed it will inject more money into the the parcel carrier in a bid to turn the loss-making business around.
Adverse weather conditions hit volumes in Kuehne + Nagel’s road and rail logistics division, which saw an 85% drop in first quarter EBITDA.