CURRIE EUROPEAN Transport returned to the black last year for the first time since 2015, despite challenges relating to Brexit, Russia’s invasion of Ukraine and a significant rise in fleet operating costs, writes Chris Tindall.
For the year ending 30 June 2022, the Dumfries based haulier reported a £253,000 pre-tax profit and said it was pleased with the continued positive progress the business was making. Turnover fell 5.8% to £34.4m during the period.
The company said it was coping with cross border challenges post-Brexit and it was also dealing with ‘unprecedented cost increases’ due to the war in Ukraine, which it was now passing on to its customers.
In a strategic report, Currie European Transport said: “Fuel prices remain volatile and although driver shortages have eased, there remains a shortage of new drivers entering the industry.”
The company added that it was experiencing lower export volumes and improved import volumes across its European full load services, which was causing difficulties in retaining consistent efficiency: “We have had to ship an increased number of empty trailers from the UK to Europe to ensure we can meet the import demands,” it explained.
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