The Office of the Traffic Commissioner has issued a reminder to vehicle operators about the new financial standing levels that will apply from next month. On 1 January, minimum financial standing limits for standard national and international operating licences rise from £7,200 to £7,400 for the first vehicle and from £4,000 to £4,100 for each additional vehicle authorised. The limits for restricted licences remain unchanged at £3,100 for the first vehicle and £1,700 for each additional one. The increase […]
Administrators handling the affairs of Drive Force (UK) have confirmed that the business has ceased trading with the loss of 47 jobs.
Abbey Logistics has reported pre-tax losses of £3.67m for the year to 29 June 2019, after a restated loss of £4.42m in the previous year.
Crewe, Cheshire-based Brit European Transport made a dramatic return to profit during 2011, recording a pre-tax profit of £334,000 compared to pre-tax loss of £453,000 the previous year. Turnover in the year to 31 December rose 20% from £20m to £24m, all but £2m of which was generated in the UK. The firm, which specialises in car, CV, plant and equipment and lift truck transport, as well as bulk tanker work, said there had been “stability and in some cases […]