New research suggests operators’ expectations of growth this year could be hamstrung by a lack of innovation within the road transport sector.The latest UK Logistics Confidence Index, conducted by Analytiqa, for Barclays and Grant Thornton reveals that more than half of respondents (53%) expect profits to increase in the next six months. Rob Riddleston, head of transport and logistics at Barclays Commercial Bank, said this optimism about profitability could have more to do with firms deciding to turn down unprofitable […]
Road transport rates have hardly moved over the last three years, provisional new data from the Office for National Statistics (ONS) has shown.
Despite the continuing uncertainty over the UK economy and the future of foreign drivers post-Brexit, confidence amongst UK’s logistics businesses has risen from the historic low registered in the first half of 2016, according to a new survey. Although the latest UK Logistics Confidence Index from Barclays and Moore Stephens, remained depressed at 53 in the second half of 2016, compared with the high point two years ago of 71.4, it is at least up from the 51.8 low seen […]