Japanese-owned Yusen Logistics UK saw pre-tax profits leap in its latest financial year helped by a new healthcare deal and rising demand for warehousing as healthcare clients stockpiled ahead of Brexit. However, the Northampton-based logistics firm, which counts Seiko, Mitsubishi, Honda, Halfords and AstraZeneca among its clients, warned that revenue will be hit this year due to the effect of the Covid-19 pandemic on business – although it predicts that its broad range of clients will help ameliorate the impact. […]
Crewe, Cheshire-based Brit European Transport made a dramatic return to profit during 2011, recording a pre-tax profit of £334,000 compared to pre-tax loss of £453,000 the previous year. Turnover in the year to 31 December rose 20% from £20m to £24m, all but £2m of which was generated in the UK. The firm, which specialises in car, CV, plant and equipment and lift truck transport, as well as bulk tanker work, said there had been “stability and in some cases […]
Owens Group is looking to buy a facility in Wrexham after its last financial year saw profit more than double.
Eddie Stobart Logistics subsidiary O’Connor Container Transport is set for further integration into the group after racking up a loss of £800,000.