Simon Gibson Transport saw its pre-tax profit fall by 38% in 2019, but it pointed to an impressive performance overall despite “ever increasing demands of the modern logistics environment”. The East Yorkshire-based bulk powder transport specialist reported a £19.6m turnover for the year ending 31 December 2019, a reduction of 4.8% on the previous year. However, pre-tax profit fell to £663,450 compared with £1.1m in 2018. In a review of its business, the company said that despite a small downturn […]
TNT Express is to spend €185m (£145m) improving its European road network during the next four years as part of its strategy to move more by road.
A shortage of suitable subcontractors contributed to a squeeze on margins at automotive logistics specialist Brit European Transport in its last financial year.