Cost-saving initiatives helped nudge Circle Express into the black last year, after it reported a pre-tax profit of £26,000. The express delivery company also saw turnover fall from £29.2m to £28.9m in the year ending 31 March 2019. However, it returned to profitability after reporting a pre-tax loss of £595,000 in 2018. In its review of the business, Circle Express said that at the end of the trading period it had made a “major investment in vehicles, moving away from […]
Powys-based haulier Speed Welshpool is on the hunt for new drivers after investing £1.1m in its fleet over the past year.
Despite volumes being hit by the first Covid-19 pandemic lockdown last year, the boom in e-commerce has seenPallet-Track rally to deliver a 57% leap in pre-tax profit.
Almost a third of logistics companies fear new B2C delivery methods such as click and collect, viewing them as a threat to their businesses, according to a report by Barclays.