Knowles Transport upbeat after contract wins boost profits


 

Knowles Transport turned in a strong performance last year, with significant increases in revenue and profits – and its MD said he remains cautiously optimistic about the future. The Cambridgeshire haulage and warehousing business reported a 12.7% increase in turnover for the year ending 31 December 2019, to £36.2m. Pre-tax profit was £2m, a 34% increase on the previous year. Turnover from its transport work increased by £3.6m to £26.4m and in warehousing by £781,000 to £9.8m. Speaking to motortransport.co.uk, […]