Palletforce said investment in capacity, infrastructure and technology helped it deliver record distribution volumes during 2020. Revenue for the year ending 31 December 2020 increased by £19.5m to £136.6m (2019: £156.1m) and underlying EBITDA was £12.24m (2019: £8.98m) reflecting a margin of 9%. Pre-tax profit was £11.2m (2019: £7.65m) which represents an operating margin of 8.2% (2019: 4.9%). The company stressed that the 2019 comparatives are a 15-month trading period from 1 October 2018 to 31 December 2019. The revenue […]
Walsall-based Trailer Freight International (TFI) has joined the Pallet-Track network as part of wider plans to accelerate its growth in the UK market.
Gloucestershire’s John Hackling Transport increased turnover last year by 3.2% to £17.5m.
Sir Mike Penning on addressing the driver shortage; why he won’t back May’s Brexit deal and a need for emission controls
Sir Mike Penning MP announced at an RHA parliamentary reception last year that he intended to form an all-party parliamentary group (APPG) on road freight and logistics to ensure that this vital sector has a voice in parliament as the UK leaves the EU.