Palletline saw revenues grow by 2.4% last year, although profits slipped in its logistics businesses due to a shortage of drivers. For the year ending 30 June 2019, the network, which is wholly owned by its members, reported a £149.1m turnover, an increase from 2018’s £145.6m. Turnover in its network operations increased by 2% and in its logistics subsidiaries by 4%, including a part-year contribution from Fast Forward Distribution, a long-standing member that it acquired in December 2018. However, pre-tax […]
Birmingham-based Corporate Solutions Logistics, which counts Lidl, household goods manufacturer Vax and Smurfit Kappa among its customers, has said it is on target to close its financial year with a turnover of £22m.
New business, better marketing and an emphasis on streamlining appear to have paid off for Cumbrian firm Stalkers Transport Services, which posted a pre-tax profit of just under £35,000 for the year to 30 September after two years of heavy losses. Turnover fell from £6.7m in the previous financial year to £5.7m, but it made a profit compared to a loss of nearly £125,000 the previous financial year and an even more hefty loss of nearly £290,000 the year before […]
NFT Distribution recorded a pre-tax loss in the 12 months to 2 April 2016 after exceptional costs of £7.1m, although the operator said it was now well placed to prosper.