Subbie shortage puts squeeze on margins at Brit European


 

A shortage of suitable subcontractors contributed to a squeeze on margins at automotive logistics specialist Brit European Transport in its last financial year. Despite continued growth in sales in the year to the end of December 2014, the availability and cost of using subcontractors was “a major factor” in pressure on margins, a spokesman for the firm told Motortransport.co.uk. “There is a distinct shortage of good quality subcontractors who are able to meet our and our customers’ stringent quality and […]