Widnes-based Suttons Tankers is on the look-out for further acquisitions as it gears up its growth plans, according to MD Michael Cundy. Speaking to motortransport.co.uk, Cundy said Suttons Tankers’ most recent acquisition of DHL Supply Chain’s bulk chemical business, which it bought for £3.8m in April last year, will play a key role in boosting turnover this year, along with new business from Suttons Tankers’ existing clients. He added: “We have a clear growth agenda and we are actively looking […]
Strong growth in its logistics division helped offset declining revenues from transport at Norbert Dentressangle last year, leaving the firm’s turnover almost 4% up with a fractional increase in profitability.
A range of the transport sector’s leading operators have given an optimistic trading forecast for the rest of 2021 and beyond, with many continuing to report soaring volumes.
A strong performance in Wincanton’s contract logistics business saw turnover jump in the first half of its financial year, but losses in its Pullman Fleet Services division slowed profit growth.