Hargreaves Services’ logistics division has felt the impact of Brexit, after a UK port delayed a £7m earthworks project in light of the EU referendum result. In a trading update the company warned that its transport and earthworks divisions are at risk due to their exposure to the construction sector and to public sector projects, many of which could be delayed due to the economic uncertainty caused by Brexit. The trading update stated: “On a negative note the group has been […]
A combination of winning and retaining business and improving efficiency helped turnover and pre-tax profit at Wincanton grow in the first half of this year.
The MT Top 100 largest operators in the UK run on an average margin of just 2.6%, and this comes after the industry became more profitable in 2012.
Meachers Global Logistics saw a reduction in turnover and profit last year.