Temperature-controlled specialist Nagel Langdons saw its turnover rise 16% in 2016, but has warned that increased consumer price pressures as a result of Brexit could affect the stable growth generally associated with the sector. Turnover rose to £115.7m for the year-ending 31 December 2016, up 16% from £99.8m in the previous financial year, while pre-tax profit rose to £5.5m, up from £3.8m. In October Nagel Langdons took control of its sister company, Nagel Langdons (UK) – which increased sales by […]
The future of Vauxhall’s Ellesmere Port factory is jeopardised by high manufacturing costs and Brexit, according to owner PSA Group CEO Carlos Tavares.
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 […]
A new system of managed migration will allow the road transport industry to recruit skills internationally after the United Kingdom leaves the European Union, Chris Grayling, Secretary of State for Transport, has assured operators.