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 […]
Currie European’s MD said it had been focusing on customer and route profitability during 2016, in order to mitigate limited success in increasing its rates.
The logistics sector defied the economic uncertainty surrounding Brexit with a fall in company failures in the third quarter of the year, according to a new report.
Mick George’s chief financial officer (CFO) has left the company after just four months in the role, documents reveal.