Air freight haulier Saints Transport more than tripled its losses in the 18 months to 30 June last year. In its latest financial results the family firm, which is based at Heathrow, revealed that, despite increasing turnover to £34.8m (2017: £24.3m) in the period, its losses almost trebled to £1.5m (2017: £497,837). Saints Transport’s gross profit margin fell from 22.7% in 2017 to 18.62% in 2019, which the company said was the result of oil price rises. In its strategic […]
Unfortunately but inevitably because of the ongoing COVID-19 situation the Motor Transport Awards 2020 will be postponed from the 1 July 2020 to the 27 August 2020. We are very grateful to have been able to make this decision with the full support and understanding of Grosvenor House and our sponsor partners. Thank you to all of you who have already booked to attend the awards, we will be keeping you up to date with our editorial coverage and content, […]
Maxi Haulage is on course to deliver “acceptable” profit levels this year after driver wage rises and a steep hike in shipping costs to Ireland saw the firm’s pre-tax profit take a 41% hit in 2017.
Kent County Council is calling on the government to give police emergency powers to control the flow of freight around the Channel ports in the event of a no-deal Brexit.