CM Downton enjoyed a successful first full trading year since being acquired by EmergeVest, with profits growing by more than 90%. Latest financial results for the Gloucestershire headquartered logistics firm show that for the year ending 30 June 2019, it made a pre-tax profit of £2.17m – a significant increase from 2018’s £1.14m. Turnover grew by 4.8% to £117.46m. In its review of the business, the company said the growth in revenues was driven by new contract wins, growth of […]
Losses deepen at Currie Solutions in the face of Amazon cuts, “fierce” competition and driver shortages
Amazon’s drive to use “cheaper hauliers” combined with “fierce” competition, tight margins and the driver shortage have seen Currie Solutions’ pre-tax losses almost quadruple.
Maxi Haulage has delivered one of its largest pre-tax profits in the firm’s history, despite a “difficult and competitive” environment.