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 […]
Consolidated results for the Woodside Haulage group of companies show that the County Antrim operator saw pre-tax profit soar 42% last year.
Ongoing capacity problems at some of the UK’s largest ports has occurred because of the three ‘Cs’ – Covid-19, Christmas and Customs, according to Logistics UK, which warned that delays could persist for months.
Hauliers remain defiant in the face of soaring inflation and a recession with almost 9 in 10 (87%) confident in their ongoing commercial viability and 13% believing their business will thrive in the coming years.