Europa Worldwide Group has revealed its results for the year ending 31 December 2019, showing turnover increased from £176m to £205m and net profit before tax increased to £6m from £5.2m in 2018. The business, which has just opened a £60m logistics facility in Corby, Northamptonshire, has also reported an increase in its net assets, which now stand at £12.9m compared to £8.4m in the preceding financial year. Last year’s investments included the acquisition of part of the assets of […]
Parts of the business and assets of Mercedes truck and van dealership Roanza have been sold to Estar Truck and Van, saving around 340 jobs.
UK Mail Group’s depot closure programme will cost it approximately £2m as it looks to continue to cut costs. In a pre-close trading update for the year ended 31 March, UK Mail says the closure of four depots in the past 12 months will leave it with a low-cost and integrated network. It is left with a network of 50 depots as a result. The parcels giant also reveals a Q4 revenue increase of 14% year-on-year. However, when adjusting for […]
SDC Trailers is working “flat out” to fulfil new orders created by demand from the internet retail sector, as online shopping during the pandemic continues to grow, and by the recent demise of rival trailer manufacturer Cartwright Group.