Great Bear Distribution increased profits by 7.5% last year to £9.5m and it anticipated its “controlled organic growth” will continue. Turnover for the distribution and storage company in the year ending 31 December 2019 also increased, by 5.4% to £266m (£253m) and operating profit soared by 48% to £15.6m (£10.5m). Looking ahead, the company said any risks associated with Brexit are not considered material to the business, but that the impact and spread of Covid-19 was being “continually monitored”. It […]
The administrator for contract hire and rental firm Axis Fleet Management said it now looked likely both former staff and trade creditors will receive some of their money back.
The boss of CM Downton has said customers need to be realistic about haulage rates as the economic recovery begins to lay bare capacity issues within road transport.