Turnover at Suckling Transport fell by £9.4m last year due to a reduced demand for road fuels coupled with a partial reduction in long-term contractual business. In its latest results, the Essex-based haulage contractor said prompt decision making regarding resource levels, significant cost controls and reliance on the furlough scheme enabled its board to control and limit the impact of the pandemic on its business. Pre-tax profit for the year ending 31 December 2020 reduced by 76.9% to £283,000. In […]
Gefco, the logistics arm of PSA Group, saw its global revenue rise 12.9% in 2011 as it prepares to embark on what it describes as a “decisive year” for the company. For 2011 Gefco reported global revenue of €3.8bn, compared to €3.4bn a year ago, and an operating income of €223m (2010: €198m). Excluding its PSA business, revenue was up 19.2% to €1.4bn. In January Gefco revealed new contract wins with Chevrolet and HPC Healthline. A statement from the firm […]
R Swain & Sons boosts turnover and profits in 2018 despite impact of “Beast from the East” and Brexit
R Swain & Sons defied adverse weather conditions to boost turnover by almost a third and pretax profit by close to three quarters last year, helped by its acquisition of Express Freight in June 2018.