Membership numbers and turnover increased at the FTA last year, but its pre-tax surplus fell. In its annual report for the year ended 31 December 2013, the FTA said its pre-tax surplus dropped 63% to £458,000 (2012: £1.25m). MD for membership and policy James Hookham told Motortransport.co.uk that this was partly down to a change in the way some of its services performed compared to previous years, some of which sold better than others. A reorganisation of its workforce, which […]
Losses deepen at Currie Solutions in the face of Amazon cuts, “fierce” competition and driver shortages
Amazon’s drive to use “cheaper hauliers” combined with “fierce” competition, tight margins and the driver shortage have seen Currie Solutions’ pre-tax losses almost quadruple.
Merger and acquisition deals in the UK logistics sector remain strong in the first half of 2021, despite the loss of 80,000 EU workers post-Brexit who were employed in the logistics sector.
A blockade of Calais by French hauliers and farmers demanding the immediate removal of the migrant camps, launched this week, will make drivers a sitting target for migrant attacks and could trigger Operation Stack, the FTA and RHA have warned.