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Trades of Gray
Page 6
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• Hampshire-based haulier Grays Transport has been bought out by the Southampton, Isle of Wight and South of England Royal Mail Steam Packet Company in a profits-related deal worth about £2 million.
Boost for Bibby
• J Bibby & Sons' pre-tax profits increased from £15 million to £15.9 million in the six months to April. The materials-handling division increased profits from £4.2 million to £6 million, distribution profits rose from £4 million to .26 million.
Scots profits
• Scottish Transport Group almost tripled its pre-tax profits to £13.5 million last year. The Scottish Bus Group subsidiary made a pre-tax profit of £7.9 million.
Newsflow deals
• Newsflow hopes to clinch several regional paper contracts within the next few weeks, says managing director Doug Cartin.