Kammac saw its pre-tax profit more than triple last year, with turnover up by over 70%, driven by “new opportunities” in the pharmaceutical sector. The family firm, which was founded by MD Paul Kammac in 1988, operates depots in Burton, Knowsley, Manchester, Worksop and its Skelmersdale headquarters near Liverpool. Reporting its latest annual results to 31 December 2020, the company unveiled a 71% leap in turnover to £49.6m (2019: £29.1m) with profit soaring more than threefold to £7m (2019: £1.6m). […]
Profit at Hargreaves Services’ transport division plummeted by more than£1m in the six months to November 2015, as the company was hammered by adverse conditions in the coal, steel, construction and waste markets and unseasonably warm winter weather.
Glasgow haulier John G Russell (Transport) has warned the distribution sector of a “difficult” 12 months ahead as costs keep rising while rates and profit margins continue to stagnate. Alan Poulton, chief executive, logistics at the group, told MT the firm was finding it increasingly difficult to squeeze further efficiencies out of its operation and said that, in terms of rates: “We are not getting, and have not got for some time now, an increase that reflects the quality and […]