Conditions in the road transport market have “never been more challenging” the chief executive of Gregory Distribution has said. Talking to Motortransport.co.uk, John Gregory said customers’ procurement departments were using the UK’s economic frailty as an excuse to drive down prices during increasingly frequent tendering exercises. “Margins in this industry are not acceptable,” said Gregory, who has taken the tough decision to shed underperforming business and take a turnover hit rather than keep unprofitable work. “I personally think there can’t […]
Yodel has denied it may be up for sale, following reports that its owners the Barclay family were reviewing their entire stable of UK businesses.
DSV Road saw turnover fall by £13.3m in 2015 after a “challenging year” that saw it lose a major customer.
Lenham Storage walked away from nonviable business last year rather than compromise its service standards, but the operator’s MD has warned that there has been no let-up in rate pressure since.