CEVA Logistics saw its turnover fall by 10% last year due to the non-renewal of existing contracts. However, figures published for the year ending 31 December 2019 showed that the logistics company increased pre-tax profits by £7.7m to almost £10m. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to £21.8m from £15.5m in 2018 and the company said the improvements were driven by “a decreased cost base and improved financial controls”. In its strategic report, the company explained that […]
UK transport was one of only three sectors that saw a reduction in output in January, as the rest of the economy began to rebound from the pandemic.
Surging profits, a string of successful contracts and a shrewd growth plan have made Expect Distribution a stand-out performer in the haulage sector. But the Bradford-based 3PL has also made the welfare and gender diversity of its staff a top priority.
A revival in activity within the construction sector helped ET Holdings more than treble profit before tax in the year to the end of March 2014, from £192,000 to just under £760,000.