Over half the transport firms planning to secure bank lending in the next 12 months fear their request will be turned down, according to the results of the latest Close Brothers Business Barometer. Around four in 10 UK transport firms plan to seek lending for business growth in the next year, suggests the quarterly survey, but many in the transport sector are unsure how to fund their plans with over a third of transport bosses admitting their knowledge of funding […]
TNT Express is to spend €185m (£145m) improving its European road network during the next four years as part of its strategy to move more by road.
NWF Group, parent of Boughey Distribution, has recruited Brendon Banner as its new group finance director. Banner, who will take up his role in early November, is currently group finance director at steel engineering and fabrication group William Hare. He replaces Jonathan Ford, who is leaving NWF at the end of September to take up the role of chief financial officer at HomeServe. Earlier this month NWF reported that Boughey Distribution has seen turnover fall by £2.2m after the loss […]
City Link parent Better Capital has revealed it will inject more money into the the parcel carrier in a bid to turn the loss-making business around.