Some of road transport’s biggest companies could face a hit to their cash flow after the chancellor signalled he was bringing forward corporation tax deadlines forward yesterday. BNP Paribas Leasing Solutions said plans announced in yesterday’s Emergency Budget by George Osborne to bring forward corporation tax deadlines for businesses with profits of more than £20 million – thirteen of MT’s Top 100 companies – will have a substantial impact on their cash flow. The government estimates that bringing forward the […]
Failed container haulier Deben Transport owed unsecured creditors close to £2.4m when it was placed into administration on 13 April, as well as more than £1.4m to HMRC.
Rhys Davies and Sons’ decision to ditch its unprofitable accounts last year has been vindicated, the Cardiff-based logistics and warehousing company said in its latest annual results.
Kuehne + Nagel says it is on track to reach its goals for profitable growth, despite a slip in turnover and EBITDA in its road and rail business.