Stobart Group has reported a busy Christmas in its transport and distribution businesses, as EBIT (earnings before interest and tax) for the final four months of 2013 grew. In its interim management statement covering the period from 1 September 2013 to today (17 January), it confirmed that all of its businesses are continuing to make steady progress, but conceded that more work needed to be done to achieve its long-term goals. In order to reduce debt, it also continues to […]
Transport sector could cost Treasury up to £1.2bn in Bounce Back Loan Scheme defaults, researchers warn
The transport industry could cost the Treasury £1.2bn in Covid-19 loan defaults, according to research by Business Rescue Expert.
Currie European’s MD said it had been focusing on customer and route profitability during 2016, in order to mitigate limited success in increasing its rates.
SDC Trailers is working “flat out” to fulfil new orders created by demand from the internet retail sector, as online shopping during the pandemic continues to grow, and by the recent demise of rival trailer manufacturer Cartwright Group.