Road freight company failures more than double in Q3


 

Company failures in the road freight sector more than doubled in the third quarter of this year, outstripping the 81.5% increase in the transport and logistics sector as a whole, according to the latest Creditsafe Watchdog Report. The Watchdog report, which looks at the quarterly performance of over 114,000 companies in the transport and logistics sector, revealed that 95 road freight companies went under in Q3, compared to 47 road freight company failures in the previous quarter; a rise of […]