More than one-third of transport and haulage businesses in the UK are at risk of collapse, according to insolvency trade body R3. According to R3, 13,038 (35%) of the UK’s 37,611 transport and haulage firms had a ‘higher than normal’ insolvency risk during April. Within this, the Yorkshire and the Humber fared best, with 30% of the region’s 3,068 transport and haulage firms at a heightened risk, a 4% fall from the previous month. This compares with a fall of […]
Operator Allport is marking its 50th anniversary this year by introducing a new corporate identity and livery to 380 vehicles across its fleet in the UK. Allport Cargo Services was adopted by subsidiaries and joint-venture partners in countries around the world last year, with the UK the final part of the operation to take up the new name. The redesign is part of a marketing push intended to strengthen its image within the retail market, where it works with the […]
JSC Russian Railways (RZD), is in talks to buy 75% of Gefco, the logistics arm of cash-strapped car maker PSA Peugeot Citroën for €800m (£640m). PSA Peugeot Citroën said the proposed deal should speed Gefco’s growth by creating a business with enhanced reach in logistics services linking Europe and Asia. The existing management team, led by its president Luc Nadal, will not change, it added. Vitaly Belskiy, from consultancy Frost & Sullivan, said: “The deal is a clear ‘win-win’ for […]
Highlands haulier Ferguson Transport (Spean Bridge) has bought Skye Transport (Crossal) for an undisclosed sum.