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 […]
The COVID-19 pandemic has left Kuehne + Nagel facing an “immense” challenge in the coming months, the company has warned.
Hertfordshire-based Carters Haulage entered administration after expanding from one lorry to 40 in just three years to service a blue chip client and then losing the business months later.
Fred Sherwood & Sons (Transport) saw pre-tax profit fall 18% last year with turnover also declining by 5% in the period.