Turners (Soham) saw revenues and profits increase in 2019, according to its most recent financial results. Turnover for the year ending 28 December 2019 rose by 8.3% to £442m and pre-tax profit increased by 12.7% to £36.9m. During the trading period, the company was hard on the acquisition trail, acquiring 65% of Fakenham general haulier Jack Richards Holdings, 100% of Quantum Logistics and 30% of building materials operator Dowse Haulage. Read more Turners (Soham) snaps up Jack Richards & Son […]
The government’s promise to provide a £330bn package of financial measures to keep the UK industry afloat has been welcomed by hauliers, although questions remain over how quickly they can access help.
Genesse & Wyoming (G&W), the United States-based rail freight company, has completed its takeover of Pentalver for an undisclosed sum.
XPO Logistics has named Baris Oran (pictured) as the chief financial officer for its intended spin-off, GXO Logistics.