Abbey Logistics Group has seen a significant improvement in its financial performance over the past six months, despite the impact of the Covid-19 pandemic, chief executive Steve Granite said this week. The improved performance follows major structural and operational change, contract renewals and a number of major deals with new customers. Granite said: “Performance in the current financial year to June 2020 has seen a major improvement on previous years and a return to profitability since earlier this year. “I […]
Stobart Group says it has seen no significant improvement in its transport business’s fortunes, since it warned of tough trading conditions at the end of June. In a pre-close statement the company, which has just announced it will be increasing its hybrid truck fleet, says the UK recession is dampening growth within transport. While the majority of the Eddie Stobart transport business has progressed well, the restructuring of the chilled business alongside bad simmer weather has resulted in losses. Stobart, […]
APC Overnight blamed changing types of freight for the dip in pre-tax profit that it saw in the last financial year.
UK Mail Group is expecting a 13% increase in turnover for the first half of this year, as it moves into a “challenging” 2013. Excluding Royal Mail price hikes that came into force on 2 April, the group is expecting a 10% increase in turnover on last year’s figures, as revealed in its pre-close trading statement published today (9 October). The firm stated that its performance in the first half of this year, ended 30 September, was “satisfactory” and in […]