Ferguson Transport said a fall in revenue from handling goods in its warehouse division last year was more than compensated by additional storage charges and increased demand for capacity. In its accounts for the year ending 30 September 2020, the Cramlington haulage and warehousing firm said that although trading was heavily impacted by Covid-19, the board regarded its profit after tax of £103,000 as “a very satisfactory result”. Turnover fell by 10.5% to £19.9m and pre-tax profits slid by 9.6% […]
Wincanton looks to be on course to achieve its stated aim of returning to profit this year, despite the impending loss of its finance director. In June Eric Born, chief executive at Wincanton, told MT the company would be back in the black in this financial year, after a pre-tax loss of £47.4m for the year ended 31 March. Extensive restructuring and the disposal of its European business is now starting to bear fruit according to the chief executive, who […]
Great Bear Distribution increased profits by 7.5% last year to £9.5m and it anticipated its “controlled organic growth” will continue.
Yodel has reversed its decision to sack licensed security staff at its Hatfield depot and allegedly try to replace them with lower paid non-Security Industry Authority (SIA) licenced personnel.