The UK road transport sector saw a 20% surge in suppliers’ bad debts in the second quarter of 2017, according to the latest Creditsafe Watchdog Report. The report, which tracks quarterly economic developments across the transport sector, revealed bad debt owed to the sector leapt to £3.3m in Q2, up from £2.7m in Q1. In the same period, bad debt owed by the road transport sector increased 2% to just over £1m (Q1 2017: £998,190). The report reveals that while […]
Willenhall-based express delivery firm Aspray24 has attributed a fall in profitability last year to the introduction of the Driver CPC and driver shortages.
A double-digit rise in income from its expanding warehousing operation helped food logistics service provider Grocontinental achieve a 6% increase in turnover in the year to 31 October 2014.
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.