costs

Turners looks to further acquisitions after strengthening profit and turnover

 
Turners (Soham) is continuing on its acquisition drive, according to its latest annual results report, which also revealed a modest rise in revenue and pre-tax profit in 2021. The Newmarket-based company employs 3,975 staff and operates a fleet …

Industry hails ‘mini-budget’ tax cuts but calls for longer-term support

 
The new Chancellor’s significant package of tax cuts has been largely welcomed by the haulage and logistics sector, which has been specifically designed to help support business growth. Logistics UK said Kwasi Kwarteng’s ‘mini budget’ provided f…

Are we heading for a recession? Leading operators have their say…

 
Andrew Malcolm, chief executive officer, Malcolm Group I don’t think we’re heading for a recession – I think we’re already in it, or that’s the approach we’re taking at Malcolm. When you’re in transport, with lower margins than we should all be …

Profits thrive at WH Bowker International fuelled by strong demand for distribution and storage

 
WH Bowker International experienced a “very positive” 2021 despite the challenges brought by the Covid 19 pandemic and new Brexit customs procedures, with pre-tax profit more than doubling in the year. The company operates a fleet of around 225 …